Steerpike

He's had his money worries in the past, but life seems to be pretty sweet for Nigel Farage right now. Less than eighteen months after announcing his retirement from frontline politics – claiming there was 'no money' in it – Farage's fortunes seem to be on the up. Newly published accounts for his company, Thorn In The Side Ltd, show he increased his total net assets by almost half a million pounds in a year, rising by more than £480,000 from just over £666,000 up until May 2021 to more than £1.1 million until May 2022. Now installed as the face of GB News, the former Ukip leader has developed a lucrative sideline in Cameo gigs.

Fire up the engine, the clickbait machine has gone into overdrive. Mr S doesn't spend much of his time watching America's Daily Show for obvious reasons: life is short and sermons are best delivered on a Sunday. Yet, stumbling across Monday's episode of the late-night satirical programme, Steerpike couldn't help but reflect on the sheer crassness of its host Trevor Noah: a man who has done for comedy what Harold Shipman did for palliative care. As predictable as he is tedious, Noah, inevitably, seized on the imagined 'backlash' which has – supposedly – greeted Rishi Sunak's appointment to the premiership.

What a first day. Just 24 hours after walking up Downing Street to enter that famous black door, Rishi Sunak was taking to the despatch box for his debut at Prime Ministers’ Questions. In an entertaining and highly-energetic exchange, the new leader signalled his willingness to make a break with the past, telling the Commons ‘mistakes were made, which is why I'm standing here today’. Finally, good old-fashioned Punch and Judy politics is back! https://www.youtube.com/watch?v=GMZUutZcYSY But while Keir Starmer was gracious in praising Sunak for becoming the first British Asian premier, the Labour leader was not going to let his opposite counterpart off the hook that easily.

Joe Biden, the man whose diet seems to consist of ice cream and gaffes, has done it again. Having managed to irritate both Boris Johnson and Liz Truss with his European interventions, 'sleepy Joe' seems determined to make it a hattrick of Tory premiers. The septuagenarian president was addressing a Washington event on Monday evening to mark the beginning of Diwali, when he took the opportunity to congratulate Truss's successor on his 'groundbreaking achievement' of becoming the first Asian premier. Unfortunately, it seems that honour must instead go to a Mr Rasheed Soonak, a hitherto unknown British politician, rather than Rishi Sunak.

Does Nadhim Zahawi have the worst judgement in Tory politics? As recently as last year, the man could do no wrong: the boosterish vaccines minister who impressed at education, winning fans with his back story and media savvy. Yet since then, the millionaire pollster's winning touch seems to have deserted him. Indeed, Zahawi has been on something of a political Odyssey, without the happy ending. For, in his search for a patron Penelope, Zahawi seems to embrace every Scylla and be sucked into each Charybdis that he encounters on his way. Take the events of the last three months. On 5 July, he was appointed as Boris Johnson's Chancellor of the Exchequer, declaring that 'this is a team game, you play for the team and you deliver for the nation.

It was all going so well for Rishi. With a hundred MPs in the bag, Sunak looks to be the only candidate who will cruise through to the final round on Monday unlike his struggling rivals. But has Tobias Ellwood managed to pull defeat from the jaws of victory once again? The chairman of the defence select committee announced his endorsement for Sunak last night, declaring on Twitter that: The free mkt experiment is over – it's been a low point in our party's great history. The reset begins. Time for centrist, stable, fiscally responsible government offering credible domestic and international leadership. Honoured to be the 100th Tory MP to support.

And so the Liz Truss regime ends after a glorious 45 days in power. And, appropriately, in a government where humour and tragedy were so often intwined, the Daily Telegraph is now reporting that Truss intends to draw up her own resignation honours' list after a mere six weeks in office. Below is a list of Steerpike's own suggestions mixed up with the predictions of the paper of record. Try to separate the fact from fiction in this list... Mark Fullbrook - Truss's gaffe-prone chief of staff who became a weekly feature in the Sunday Times. Truss was the third candidate Fullbrook backed in the summer leadership race after the implosion of Nadhim Zahawi and the defenestration of Penny Mordaunt. Since then Midas Mark has found fame for his lobbying links and backfiring briefings.

Embattled, humiliated and lampooned, Liz Truss has few public allies left. And she certainly has one less after today, following the suspension of Jason Stein, her acting director of communications in No. 10. Stein is a longtime supporter who managed much of Truss's press operations during the summer leadership campaign. But shortly before PMQs the BBC reported that Stein had been suspended and is now due to face a formal investigation by the Propriety and Ethics Team in Whitehall. It follows a briefing in last week's Sunday Times in which unnamed No. 10 sources had ridiculed the prospect of Sajid Javid replacing Kwasi Kwarteng as Chancellor.

It seems it's a day for chatty rats in politics. First, longtime Hunt ally Steve Brine went on Politics Live and inadvertently called the Chancellor a 'fantastic Prime Minister.' And now, Michael Gove has told the JLA Speakers Bureau that the country is 'going through hell' and that 'all of us are going to face a hell of a lot of pain in the next two months.' Gee, tell us what you're really thinking, eh, Michael? In remarks reported by the Guardian, Gove told the event's host Sangita Myska that she was 'absolutely right' that it was 'no longer a question of whether Liz Truss goes but when.