Why Tories should think carefully before backing Boris
From our UK edition
In my old job as an investment banker, there were two schools of thought about how to get the best return. Long-term funds – where money was invested over a number of years; and short-term ones – which sought quick returns wherever it could be found. The Conservative party now finds itself facing a similar dilemma: wondering whether to make the short term bet – aping the Brexit Party’s push for no deal in the hope of an immediate recovery from its dire position. Or whether to take the long view: make for the centre ground while still delivering Brexit. The latter is a strategy that is riskier in the medium term but could represent better long-term success. So what should the Tories do?