Rishi Sunak’s promise of stability is a low bar for Britain

The coronation of Rishi Sunak as Britain’s latest prime minister is at least a source of relief. In contrast to Boris Johnson, whose serial dishonesty led to him being turfed out of office in the summer, Mr Sunak can offer personal decency and a grasp of detail. After the fiscal recklessness of Liz Truss, whose disastrous tenure ended on October 25th, the country is now led by a former chancellor with a liking for sound money, who warned that her plans for unfunded tax cuts would lead to disaster. After three years of dishevelled bombast and a six-week spasm of revolutionary fervour, a period of wonkish orthodoxy beckons.