Cryptic crossword clue
Story from the past about small fuss involving Conservative 12

The most common and most likely answer to this crossword clue is the 12 letter word REMINISCENCE

I've seen this crossword clue in The Daily Telegraph
R
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M
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Buddy explains!

The straight part
We know that "Story from the past" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case story from the past = reminiscence.
The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.
This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.

What does REMINISCENCE mean?

REMINISCENCE noun
  1. An act of remembering long-past experiences, often fondly.
  2. A mental image thus remembered.

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