On the subject of bouncing around in future careers, let me say that I am now like one of those

booster rockets that has fulfilled its function and I will now be gently re-entering the atmosphere

and splashing down invisibly in some remote and obscure corner of the Pacific.

I am returning to my plan and I will be offering this government nothing but the most fervent support.

Good afternoon. I have just accepted her majesty the Queen's kind invitation to form a new government.

Let me pay tribute to my predecessor. Boris Johnson delivered Brexit, the COVID vaccine and stood up to Russian aggression.

History will see him as a hugely consequential prime minister.

I am honored to take on this responsibility a vital time for our country.

What is the feeling in the UK about not, I don't know what Boris Johnson was, initially he seemed like a Brexit here and he turned into really a, kind of an anti-capitalist.

He said some things about capitalism and corporations and sort of focused on climate change.

Do you think she can keep corporate taxes at 19% and not going up to, well she get that and what will happen in 2024?

How much time does she have?

Well remember we have had 12 years of Conservative government, we have now had four Conservative Prime Minister in the space of the last six years which shows you on absolute shambles and a mess the party has been.

She said one thing yesterday in her acceptance speech that I thought was really interesting.

She said very pointedly I was elected as a Conservative, I will govern as a Conservative and she believes in low taxes.

She believes in small state, yes she sounds as you say like an advocate of Reaganomics.

I re-emphasize the point, this is now all about growth.

We are going to have to borrow a whole lot more money.

Look at where you know, GILTS, British government bonds are for 10 years, interest rates are rising very very fast.

Inflation could well be over 20% within a few months time because of our reliance on energy from overseas and of course a weaker pound means more pounds to buy oil and gas priced in dollars.

So let's think what she does. I would say frankly she's only got three or four months to save us from going over an economic cliff.

If she can do it, if she's bold, if she's brave, if she shows she's pro-business particularly small and medium sized business and the benefit of Brexit was to get rid of excessive regulation, Johnson did absolutely none of it.

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