Britain | Bagehot

How Jeremy Hunt became the most powerful person in Britain

The new chancellor of the exchequer promises orthodoxy and competence

Editor’s note: On October 20th Liz Truss resigned as leader of Britain’s Conservative Party and thus will soon depart as prime minister. The party will hold another leadership contest, its third in as many years, to pick her successor within seven days.

The most powerful person in Britain entered the House of Commons on October 17th to a chorus of respectful grunts. Addressing mps—as well as a wider audience of investors who buy gilts and sterling—he began soberly: “We are a country that funds our promises and pays our debts.” Jeremy Hunt, the new chancellor, delivered the message like a doctor with a grim diagnosis. Next to him sat Liz Truss, the actual prime minister. She stared into the middle-distance while Mr Hunt set about running the country.

This article appeared in the Britain section of the print edition under the headline “Meet the man in charge”

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