Theresa May, 59, set to be Britain’s next PM

Although she has made her intentions clear saying “Brexit means Brexit”, she will she have to get the numbers in order to pass act of parliament that will kickstart the leaving process.

Theresa May, 59, Britain’s Interior Minister, is set to become the country’s first woman president after Margaret Thatcher.

She was left as the only candidate to succeed Britain’s outgoing Prime Minister, David Cameron, who had earlier announced his intention of stepping down in the wake of Brexit, which has cast a huge shadow on trade and investment in the region.

Once she becomes Britain’s Prime Minister, the complex process of leaving the EU could potentially begin. Incidentally May had favoured the ’Remain’ camp in last month’s referendum.

As per Andrea Leadsom, Britain’s energy minister who was also in the race to become Britain’s PM but later pulled out, “Strong leadership is needed urgently to begin the work of withdrawing from the European Union.”

She went on to add, “I have … concluded that the interests of our country are best served by the immediate appointment of a strong and well supported prime minister. I am therefore withdrawing from the leadership election and I wish Theresa May the very greatest success. I assure her of my full support.”

The pound, which hit its 31 year low following Brexit, briefly bobbed up as the prospects of a leadership in the Conservative party is likely to be resolved sooner than expected.

 

May’s Vision of Britain

Yesterday, at a speech given by May in Birmingham, May set out her vision of Britain’s future economy and called for “a country that works for everyone, not just the privileged few”.

In a carefully worded speech, May disclosed that she would narrow the unhealthy gap between employees and their corporate bosses, crackdown on tax evasion, prioritise the construction of houses and lower the cost of energy.

“In the coming weeks I will set out (how) to take our economy through this period of uncertainty, to get the economy growing strongly across all parts, to deal with Britain’s long-standing productivity problem, to create more well-paid jobs, to negotiate the best terms for Britain’s departure from the EU and to forge a new role for ourselves in the world,” said May.

She however made it pretty clear that “Brexit means Brexit”: she will not entertain any requests for a second referendum nor allow attempts to rejoin the EU by the backdoor.

“As prime minister, I will make sure that we leave the European Union,” she said. The British people were given their opportunity to vote on this… They’ve given us a very clear message, and I think we respond to that message and we do what the British people have asked us to.”



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