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The Tories were ridiculed when Douglas-Home took the role, and that was before Viscount Stangate and the Peerage Act of 1963.
How can a party that has somehow positioned itself as an antidote to the metropolitan elite, appoint an unelected Lord as party leader and PM?
The electorate would laugh them out of office.
The Marquess of Salisbury of Salisbury was.
More recently Douglas-Home was a member of the Lords when he became PM although he resigned and became an MP fairly quickly. Perhaps there will be a vacancy somewhere in North West London?