Share

Modi congratulates new British PM Theresa May

Both are pastors’ daughters who excelled as academics before rising to the top of their conservative parties.

Advertisement

He outlined what he believes are “the key things we need to get right” – Britain’s relationship with Europe, its “underlying productivity challenges”, the need to grow exports faster and encourage more inward investment.

“I completely agree with her sentiments and about opportunity, about giving people better life chances”.

Graham Brady, head of the Conservative party committee in charge of the leadership contest, said there were still constitutional procedures to be observed before her appointment could be confirmed, but he aimed to make a confirmation announcement as soon as possible. “Regardless of the time it takes to negotiate an initial deal, it is going to take a period lasting several years to disentangle our laws, rules and processes from the Brussels machinery”, May said on June 30 when she launched her candidacy to be prime minister.

The new prime minister must now unite a party whose infighting over Europe prompted Cameron to call a referendum in the first place – much to his spectacular downfall.

“Our legal opinion is that the referendum is advisory”, the lawyers said in a letter dated July 9 that was signed by 1054 lawyers.

Beyond that, battle lines are already being drawn.

On Tuesday, Merkel put the ball in May’s court. Davis campaigned to leave the EU, and it will be his job to defend Britain’s economy in new trade agreements with European countries.

The referendum is not binding, and members of the “remain” camp were hoping to overturn the decision.

He was part of her campaign team, having worked alongside her as a junior Home Office minister.

■Taxes. One important part of free movement of capital is the right to pay dividends freely across the EU If you own your European subsidiaries through a British company, you could face withholding taxes.

Davis has previously said that Britain should take a “brisk but measured” approach to exit talks with the EU. “She has always been prepared for the meetings, active in intervening, she knows the file”. “Uncertainty is not good for the capital markets and it is not good for the European Union”.

All the indications are May will prove a tough negotiator.

According to a survey of the UK’s Russell Group universities, including Oxford and Cambridge, seen by The Guardian, a lead investigator on an EU-funded project was told to abandon all United Kingdom partners as they were regarded as a “financial liability”. Her work in Westminster has largely consisted of tightening immigration controls and refusing to welcome larger numbers of refugees into Britain. The British people are clear. Yet May has a record of negotiating compromises with the European Union in such apparently black or white situations.

Advertisement

May, 59, will be the UK’s second woman prime minister after Margaret Thatcher. “She has very obvious negotiating skills”.

Conservative Party leadership candidate and current home secretary Theresa May is joined by supporting MPs as she speaks outside Parliament