She will then give a speech Wednesday afternoon becoming Britain’s 75th prime minister, the 13th prime minister of Queen Elizabeth’s reign, and Britain’s second female prime minister.
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To get started on these goals she will have to quickly appoint a cabinet and begin to negotiate the terms and treaties affected by Britain’s historic European Union withdrawal.
Cameron chose to step down after six years as premier following the June 23 referendum on Britain’s membership of the European Union, in which 17.4 million people voted to leave the bloc.
After the remarks, May stopped and waved outside No. 10 Downing Street beside her husband, Philip. However, no major country has ever left the bloc before so it is not entirely clear if some way could be found to keep Britain from leaving even after the process has started if that’s what British and European Union leaders want.
The pound was up 1.2 percent against the dollar at around $1.3150, boosted by the appointment of a new prime minister weeks earlier than expected after May’s main rival dropped out. Davis campaigned to leave the EU, and it will be his job to defend Britain’s economy in new trade agreements with European countries. It is said that the Queen has come to love the Commonwealth, partly because it supplies her with regular cheering crowds of flag-waving piccaninnies; and one can imagine that Blair, twice victor overseas but enmired at home, is similarly seduced by foreign politeness.
Merkel reiterated that it was now up to London to formally trigger Article 50 to leave the EU following last month’s shock referendum backing a “Brexit” or British exit from the Union.
Mr Corbyn, who faces two leadership challenges and must wonder how many more PMQs he will take part in, said: “I$3 think we should all recognise that whilst many of us really do enjoy our jobs and our political life, it’s the loved ones nearest to us and our families that actually make enormous sacrifices that we might be able to do this”.
David Cameron told MPs he will miss the roar of the crowd but will be “willing all of you on” as he was given a standing ovation following his final Prime Minister’s Questions. “We’ll do it right, we’ll do it in a proper way, we’ll do it when we’re ready”.
With his unkempt blonde hair, bumbling humor and penchant for Latin quotations, the man known to Britons simply as “Boris” will be the government’s most colorful figure, but a controversial choice for conducting sensitive diplomacy with world leaders.
On Thursday, the Bank of England will announce whether it will cut interest rates for the first time in more than seven years to curb the economic fall-out from Brexit.
The chief investment officer of BlackRock, the world’s biggest asset manager, predicted Britain would fall into recession in the coming year.
Theresa May became Britain’s new prime minister on Wednesday, accepting an invitation to govern from Queen Elizabeth II after the resignation of David Cameron. He was adopted by the prime minister in 2011 to address a mouse problem. Colleagues describe her as cautious, unflappable and intensely private. She has already been likened to Germany’s Merkel for her cautious, low-key style. She must also attempt to unite a divided ruling Conservative party and a fractured nation in which many, on the evidence of the vote, feel angry with the political elite and left behind by the forces of globalisation.
Others possibly in line for promotion to the Cabinet include the Works and Pensions minister Priti Patel, who played a prominent role in the Brexit campaign, and the Business minister, Anna Soubry, who backed Remain.
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The 44-year-old Gujarat-origin MP was a significant pro-Brexit voice, who had recently thrown her support behind May as the ideal candidate to become the Prime Minister, likening her to her predecessor Margaret Thatcher – described as the Iron Lady of British politics.
