"I unequivocally support Theresa May, and do not covet her job," writes Jacob Rees-Mogg in The Daily Telegraph. "Second, if I did I would be a fool, for only in Opposition do political parties choose leaders who have never held high ministerial office."
Having said that, however, the popular backbench Tory MP went on to outline the principles he thinks should guide the Tories in the years ahead. His article on "how the Tories could lead better", says Katy Balls in The Spectator, "[poured] petrol" on reports over the weekend that he is sounding out friends and considering throwing his hat into the ring.Could he possibly win?
He has "developed a cult following, with Tory activists deeming him to be the Conservative answer to Corbyn". But there's a practical problem: a Conservative leadership contest works against such "rogue candidates" because, unlike in the Labour party, a candidate has to get through several rounds of votes by MPs. God help us if he does somehow get through, however, says Matthew Parris in the Times. It would probably mean the end of the Conservative party.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
"While his manners are perfumed his opinions are poison. Rees-Mogg is quite simply an unfailing, unbending, unrelenting reactionary." Not only is he a "brute moral conservative", but he is a "straight-down-the-line supporter of every welfare cut I've checked". Unless Rees-Mogg and his coterie are confounded, we could see "the death of the broad-church Conservative Party" and "the formation of a new centre party".
Matthew graduated from the University of Durham in 2004; he then gained an MSc, followed by a PhD at the London School of Economics.
He has previously written for a wide range of publications, including the Guardian and the Economist, and also helped to run a newsletter on terrorism. He has spent time at Lehman Brothers, Citigroup and the consultancy Lombard Street Research.
Matthew is the author of Superinvestors: Lessons from the greatest investors in history, published by Harriman House, which has been translated into several languages. His second book, Investing Explained: The Accessible Guide to Building an Investment Portfolio, is published by Kogan Page.
As senior writer, he writes the shares and politics & economics pages, as well as weekly Blowing It and Great Frauds in History columns He also writes a fortnightly reviews page and trading tips, as well as regular cover stories and multi-page investment focus features.
Follow Matthew on Twitter: @DrMatthewPartri
In the doghouse: hundreds of investment funds are underperforming - is it time to sell?
News The latest Spot The Dog research from Bestinvest reveals 151 funds are failing to beat their benchmark. We reveal the worst performers
By Marc Shoffman Published
Nationwide: House prices creep up for the first time in over a year
Nationwide’s latest house price index reveals property prices are finally rising. Will this pattern continue in 2024?
By Vaishali Varu Published