The new chancellor is undeniably the man of the moment, writes Sky's Jon Craig. But how long he remains in that position will depend on how long Liz Truss survives.
But a senior defence source told Sky News:"The defence secretary is focused on our support for Ukraine and the security of Britain and our allies. Our future as a government and as a Conservative Party lies in demonstrating and providing stability.In other words, Mr Wallace is telling his more excitable backbenchers to calm down and the veteran plotters - a group of embittered ex-ministers who have been both king-makers and assassins of Tory leaders over the years - to back off.
To be fair, he did say in his latest interview:"Having run two leadership campaigns, and by the way failed in both of them, the desire to be leader has been clinically excised from me." That's strongly denied by Number 10 insiders, one of whom took the opportunity to denigrate Mr Javid to Sunday newspapers in most unpleasant terms, provoking understandable protests from Tory MPs.
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