“More than 300 have been created since I became Prime Minister and 200 are set to open meaning tens of thousands more young people, many from disadvantaged areas, finally have a choice of a good education that helps them reach their full potential”.
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Although a Remain supporter, Mrs May has repeatedly stressed that “Brexit means Brexit” and the hunt for a building to house the department that will steer Britain out of the European Union is already under way.
Bank of England Governor Mark Carney said on Tuesday that the expected economic hit from Brexit could prompt the central bank to provide more stimulus. It is due to announce on Thursday whether it will cut its key interest rate, which has remained at 0.5 percent for more than seven years, or take other action.
“Recession is now our base case”, Richard Turnill said. “We think the pound’s rally will run out of steam once investors learn that the economy is likely to slow down from the investment side, weakening employment and then finally consumption”, Morgan Stanley said in a morning note.
She will make appointing a cabinet minister to take charge of Brexit one of her first tasks as she enters No 10 as Britain’s second female PM.
May, who had favored a vote to stay in the European Union, was left as the last woman standing after three leading rivals from the referendum’s winning Leave campaign self-destructed in the course of a short-lived leadership race.
Ms May has been a tough-talking interior minister for the past six years and is something of an unknown quantity internationally, although she has received ringing endorsements from party colleagues and a normally sceptical British tabloid press.
When former Conservative Chancellor Kenneth Clarke was caught on camera a week ago calling her “a bloody hard woman”, the hashtag #bloodydifficultwoman began trending, with the Twitter world asking if that statement would be ever be said by a man of a man. She has already been likened to Germany’s Merkel for her cautious, low-key style. She went to the Conservative Party’s head office and got down to work.
The Prime Minister was warmly welcomed yesterday as he made a visit to a free school in Feltham, west London, to announce 31 new free schools.
The Cabinet meeting did not, however, discuss the outcome of the European Union referendum.
Vince Cable, an opposition Liberal Democrat politician who was the minister for business in a coalition government led by the Conservatives from 2010 to 2015, praised May’s determination but said she may face challenges in the role of prime minister, which has a much wider remit than her home affairs portfolio.
Labour shadow cabinet minister Jon Ashworth said: “As David Cameron prepares to leave Downing Street we wish him and his family well”.
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The Prime Minister started his penultimate day in power with his final Cabinet meeting, where his ministers banged the tables on four occasions in tribute.
