Daily Archives: July 11, 2016

Theresa May on brink of becoming next UK prime minister — FT.com

July 11, 2016 By in Andrea Leadsom, Brexit, People, Politics 1 Comment

The FT reports that Andrea Leadsom has pulled out of the race to become next Conservative Party leader. The only question now is how quickly Theresa May can take over as PM. The Pound is already rising…

Source: Theresa May on brink of becoming next UK prime minister — FT.com

According to this morning’s Guardian, Leadsom was reduced to tears with the hard-hitting articleS from the right-wing UK media, all questioning her judgement.

Clearly, Leadsom has done the right thing for both the country and herself. PM of the UK in time of national crisis takes exceptional qualities. Theresa May has made some mistakes in her six years at the Home Office but she’s a very capable leader.

Now all the Brexit leaders have fallen, including Johnson, Gove, Farage and lastly Leadsom. The other casualty is David Cameron.

For me, populism has been tried and failed the UK badly. The simplistic yes/no decision was the biggest error of judgment by a UK PM in modern times. Cameron has already caused immense damage to the UK’s economic and political standing. Populism is not the same as democracy. Democracy refers to parliamentary democracy – each political party puts up their manifesto and the people vote – this is how it was and needs to be again.

Had Leadsom continued with her campaign, she would soon have been a hostage to shadowy figures with far-right views. The country would have become a battleground between the far-right and the far left (as described by Tony Blair in his NYT op-ed)>

I look forward to reading about Theresa May’s first government, no doubt designed to unite both party and country, plus deal properly with European allies.

As some stability returns to the Conservative Party, all focus will now switch to Angela Eagle’s campaign for the leadership of the Labour Party. The shadowy powers of the far-left need to now be put back in the genie bottle.

Thoughts?

Theresa May to call for unity, equality and successful exit from EU | Politics | The Guardian

July 11, 2016 By in Andrea Leadsom, Business Administration, People, Politics, Theresa May Tags: , , , , , , , , , 2 Comments

The Guardian reports that Theresa May, the Tory leadership candidate, says she wants more accountability for big business, with workers on company boards and annual shareholder votes on executive pay

Source: Theresa May to call for unity, equality and successful exit from EU | Politics | The Guardian

As a one-nation conservative, I support Theresa May’s initiatives. Much of my career was in continental Europe and I am very familiar with wider representation on corporate boards. By comparison, boards of major corporations in the UK and the US are composed of two groups, executive directors who typically support the chief executive and non-executives. Non-executives are from a narrow group, supported by financial institutions and frequently have a series of interlocking directorships.

Theresa May will widen the appeal of the Conservative Party, which will heighten their chances of re-election – this is especially so with the Labour Party fighting for its future with its own leadership context now that Angela Eagle is formally challenging for the leadership.

Meanwhile, Andrea Neadsom, the other Tory candidate continues to be embroiled in controversy and is seen increasingly as divisive, inexperienced and hasty.

I sense that Theresa May needs to reach out to some top Brexit campaigners and be ready to include them prominently in her government. In return, they must endorse May publicly for the benefit of the Tory membership.

Thoughts?

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