Liz Truss? How did the clear winner of the first Tory leadership election of 2022 throw it all away? It was by being in office when the music stopped. To see how Truss failed is more than a story of her personal incompetence, it is to appreciate that she squandered no great and glorious inheritance. For the disastrous rule at the Treasury of George Osborne and Philip Hammond and Rishi Sunak (and before them Brown and Darling), left her nothing to fritter away. For a generation Britain has
