The Big Picture

Vincent Boland: Tories have learned nothing from history as they believe their own delusions

There are many examples to debunk the myth that the Conservatives are the party of fiscal discipline; chancellor Kwasi Kwarteng’s ruinous, unfunded budget is just the latest of them

Kwasi Kwarteng: after the British chancellor’s budget on September 23, the pound fell to its lowest ever level on the foreign exchange markets. Picture: BBC