May's brilliant Cabinet transformation will boost Brexit chances
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.
Mrs May has kept her leadership campaign word and has created a new Brexit department headed by David Davis, an exceptional, experienced MP.
The Secretary of State for Leaving The European Union had a lengthy executive career at Tate & Lyle, the sugar and agricultural business, prior to becoming an MP. A libertarian who has been a campaigner for greater accountability and transparency in Parliament, he has fought against extensive surveillance on individuals. He has the business experien…
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