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Theresa May vows to be ‘one nation’ PM

“But it is a part of me, it’s there and it obviously helps to frame my thinking and my approach”, she added, as she chose to play hymns “When I Survey The Wondrous Cross” and “Therefore We Before Him Bending This Great Sacrament Revere” as her personal songs.

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Following the country’s tradition, David Cameron will tender his resignation to the queen at Buckingham Palace at 5 p.m. local time, then suggest the queen replace him with Theresa May, the home secretary who was appointed the new leader of Conservative Party on Monday.

New British Treasury chief Hammond tried to sound a reassuring note Thursday, pledging that he would not introduce an emergency national budget – even though there are question marks hanging over the economy following the country’s decision to leave the EU.

Along with overseeing European Union negotiations, May will need to unite a nation still deeply divided over a referendum where 52% voted Leave, and 48% voted Remain.

Britain’s Prime Minister David Cameron smiles as he leaves 10 Downing Street, in London to face prime minister’s questions for the last time Wednesday, July 13, 2016.

Home secretary Theresa May has already been declared the new leader of the Conservatives after energy and former City minister Andrea Leadsom withdrew from the contest to succeed Cameron.

“The prime minister explained that we would need some time to prepare for these negotiations and spoke of her hope that these could be conducted in a constructive and positive spirit”.

Another, Liam Fox, was named to head a new worldwide trade department.

Boris Johnson – former London Mayor and the man who led the Brexit campaign – has been given the top job of Foreign Secretary of the UK.

May said keeping the “precious” United Kingdom together was also a priority after the referendum, with the devolved Scottish government threatening a second independence vote. But Tony Travers of the London School of Economics said May probably would not rush to trigger Article 50 of the European Union constitution, which starts a two-year countdown to a departure from Europe.

“It is not been an easy journey and needless to say we have not got every choice right”, he said, “but I do believe that today our nation is considerably more powerful”.

But, in 2014 he criticised current Chancellor Angel Merkel for not supporting Britain when it opposed the appointment of Jean-Claude Juncker as head of the European Commission, saying she compared poorly to former Conservative leader Margaret Thatcher.

European Union leaders, keen to move forward after the shock of “Brexit”, want May to launch formal divorce proceedings as soon as possible to help resolve the uncertainty.

Yet his heritage will be overshadowed by his unsuccessful referendum risk, which he previously expected would keep Britain at the guts of a reformed EU.

He said his government had cut the deficit, overseen economic growth and legalized same-sex marriage. “This morning I had meetings with ministerial colleagues and others, other than one meeting this afternoon with Her Majesty, the queen, the diary for the rest of my day is remarkably light”, Cameron said, to laughter from lawmakers. Reuters reports that Secretary Philip Hammond told Parliament this week that there are several complicated issues to discuss and to carry out and that 2 years are not enough for Britain to exit the bloc.

She has said she plans to set up a new government department to lead the process of quitting the European Union which would be headed by someone who had campaigned on the Leave side.

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Economists predicted in a Reuters poll that the Bank of England would halve its main interest rate to 0.25 percent on Thursday in a pre-emptive strike to try to ward off a recession and reassure markets.

New British PM May rounds out Brexit cabinet