Oh, pass me the box of tissues, please !
Spreadsheet Phil, otherwise known as the lugubrious arch-Remainer and Chancellor of the Exchequer Philip Hammond, has told the world that he'll be resigning on Wednesday if Boris Johnson wins the race to become the next leader of the Conservative party. Given that Johnson is highly likely to win, and Hammond must have been number 1 on his list of cabinet sackings, this is surely no surprise.
Hammond has made no secret of his opposition to Brexit and has contributed loudly to the 'Project Fear' campaign aimed at preventing it from happening. Together with the also soon to be gone David Gauke he's made it clear that he has no time for democracy unless it's in support of his own point of view. Another on his way out is the highly political Governor of the Bank of England, Mark Carney, who has also done his best to promote every negative view of Brexit; he goes early next year and we can only hope that his replacement sticks more to facts and gives less prominence to potentially misleading forecasts based on spurious assumptions.
Tomorrow, the Conservative leadership process reaches its conclusion with the winner to be announced on Tuesday. Theresa May will formally resign on Wednesday, after Prime Minister's Questions in the House of Commons (as will Hammond - hurrah !), and the new Conservative leader and Prime Minister will be in place on Thursday. Whether it's Johnson or Hunt, what fun there will be in the succeeding days !
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