May's brilliant Cabinet transformation will boost Brexit chances
DeeperDive is a beta AI feature. Refer to full articles for the facts.
London
IN a series of lightening, brilliant moves, Theresa May has transformed her Cabinet to boost Britain's "Brexit" chances.
Both sterling and the stock market responded well to the first decisions of the UK's second woman prime minister. In a surprise step and backtracking on his previous predictions of gloom, Mark Carney, Bank of England governor, decided to keep interest rates unchanged at 0.5 per cent and this helped lift the sterling.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Beijing’s calculated silence on the Iran war
Middle East-linked energy supply shocks put Asean Power Grid back in focus