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Brexit

Theresa May becomes UK Prime Minister

Stephen Beard Jul 13, 2016
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Britain's new Prime Minister Theresa May speaks outside 10 Downing Street in central London on July 13, 2016 on the day she takes office following the formal resignation of David Cameron. GEOFF CADDICK/AFP/Getty Images
Brexit

Theresa May becomes UK Prime Minister

Stephen Beard Jul 13, 2016
Britain's new Prime Minister Theresa May speaks outside 10 Downing Street in central London on July 13, 2016 on the day she takes office following the formal resignation of David Cameron. GEOFF CADDICK/AFP/Getty Images
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Britain’s new Prime Minister, Theresa May, is only the second woman in British history to hold that position. Her supporters say that, like the U.K.’s first female PM, Margaret Thatcher, May is steely and tough-minded.  But unlike the Iron Lady, May has voiced concern about social and economic inequality and has promised to try to curb excessive executive pay.

The new Prime Minister believes that many of the people who voted in the recent referendum to leave the European Union were motivated by anger against the U.K.’s elites. May wants to assuage that anger by promoting a fairer economy.   

Her main task  to negotiate Britain’s exit from the EU  will be a daunting one. She needs to strike a deal with the UK’s disgruntled European partners. That deal needs to satisfy British voters who voted to leave the EU and those who wanted to remain, without damaging the UK economy.

Also, May has only a wafer-thin majority in parliament.  The challenges ahead will truly test the mettle of the woman some are already calling Britain’s “second Iron Lady.”

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