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Welcome to Coffee House Shots for Spectator's Daily podcast.

In his book, Sun also rises, there is a phrase earnest anyway used to describe going bankrupt.

How did you go bankrupt? Bill has asked.

Two ways, Mike says, slowly at first and then all at once.

It's like that with Theresa May's ending.

For a month now, we've been saying that slowly the end is approaching,

we've done a cover showing just a pair of shoes left, but is it now at the all at once stage?

Is the ground now moving beneath her? I'm Fraser Nelson, and I'm joined by James Versaith and

Katie Balls. James, what was your reaction when you saw the opinion poll in the Sunday

telegraph showing that the Nigel Raj's Brexit Party was ahead of the Tories not just in the European

Parliament elections, but in the Westminster General elections as well? I think it was a reminder,

but if the Conservative Party goes into the next election without having delivered Brexit,

it will be, in the words of one minute, a few weeks ago, into Canadian territory.

And remember how the Canadian Conservatives were essentially wiped out in the 1993 election.

They went from being the governing party to having two seats.

So slowly at first and then all at once.

I've just bumped into one. I bumped into one. Tories has been around Westminster for decades

now. And we were just talking about the Canadian experience. And the point that we were both

reflecting on is the truly scary thing for the Tories about that experience is. But the Canadian

Conservatives changed their leader before the election. And that leader had a honeymoon period and even that was not enough

...