Welcome to the award-winning Money Distilled newsletter. I’m John Stepek. Every week day I look at the biggest stories in markets and economics, and explain what it all means for your money.
I’m not a political journalist. I have no inside sources in Westminster. But I think if you’ve ever been part of a team that has completely lost confidence in its leader — be it a multinational corporation or a five-a-side squad — you’ll recognise what’s going on in government right now.