, Columnist
Tories Must Decide Between Thatcher and Reagan Leadership
Conservatives faces an important economic choice in replacing Boris Johnson. Will Sunak’s tax hikes prevail? Or will they move toward a more optimistic, free-spending candidate?
One option.
Source: Bloomberg
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Can “Thatcherite candidate” Rishi Sunak win the contest for Tory leadership? Or will his party plump for a rival who follows in the footsteps of the Iron Lady’s great ally, Ronald Reagan? This is not just a question of style or positioning: Herein lies the wider economic choice facing the UK in the years to come.
In their hearts, many Conservatives, especially on the right, want a prime minister who copies Reagan’s optimistic, free-spending ways, not an austere Margaret Thatcher-style leader.
