Few can doubt this man can do politics. He has executed a bloodless coup d’État against a British Prime Minister with a majority of 174, a man who had not committed any heinous sin or made a major policy error but was just deemed not quite good enough. In the days before his ascension, Andy Burnham presented an award to the indie band James. He did it really well, looking like a real music fan, not a lame politician transplanted painfully into the cool world of music.

In years to come economists may well reflect on the past decade of British political history as the period where the UK lost a hold on the relative stability that enabled it to make progress from the early 1980s through to the EU Referendum in 2016. The decade that has followed has offered us up seven different leaders. The only other G7 nation that previously hit a record like that was the Japanese, and they have mended their ways.

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