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Theresa May Is Poised to Be Britain’s Next Prime Minister
Theresa May becomes the only candidate for leadership of the Conservative Party after Ms Leadsom withdraws from the race. No leadership vote will no take place with Conservative Party members and no early general election is planned. May is expected to become prime minister of Britain by July 12, replacing David Cameron. Her theme is for "one Britain" and to do away with the rising inequality and gap between London and the rest of the country, which was part of the anxiety of voters who voted 52% for Brexit on issues of immigration burden on social and health services, national sovereignty, and a sense of ordinary people being neglected by elites in both parties. May will invoke Article 50 to leave the European Union and begin a 2 year period of negotiations only after she has developed a clear negotiating strategy. Kenneth Clarke, a Conservative Party cabinet minister called May a "bloody difficult woman," but this did not affect May, who said Mr Juncker of the EU was the one who would find this out in negotiations.
What is significant for Britain is May's moderate position coupled with a clear goal for removing some of the causes of the inequity in British society, which is needed for Britain to remain united. She called on companies like Amazon, Google and others to pay their fair share of taxes, and made clear her intent to strengthen the mechanisms for controlling executive pay. Also part of this strategy will be a more effective immigration control policy, which she did not implement vigorously as Home Secretary in the Cameron government, partly because of constraints set by EU membership. May made clear her agenda going forward by saying: "There is a growing divide between a more prosperous older generation and a struggling younger generation. And there is a gaping chasm between wealthy London and the rest of the country." Changes May is supporting are to make executive pay rules to become binding not just advisory, and for employees and consumers to gain seats on company boards.
Britain's Home Secretary, Theresa May, candidate for prime minister in 2016
07/05/2016
Grouped Articles
Theresa May, Long in Public Eye, Finds Herself Focus of Conservative Race
The New York Times 07/05/2016
‘Brexit’ Briefing: May and Leadsom Face Off to Become Prime Minister
The New York Times 07/08/2016
British Politics Gives a Sense of Government by Old School Chums
The New York Times 07/07/2016
Theresa May and Andrea Leadsom vie to become Britain’s next prime minister
The Economist 07/07/2016
Theresa May Is Poised to Be Britain’s Next Prime Minister
The New York Times 07/11/2016
Opinion: Mother Leadsom's big mistake | Opinion | DW.COM | 11.07.2016
DW.COM 07/11/2016
Banker bonuses at Britain's RBS bank
02/04/2009
Britain's RBS bank shows a loss of $15 billion in 2013. Banker bonuses are $960 million for the same year. Banker bonuses declined from 679 million pounds in 2012 to 576 million pounds in 2013. The new CEO says he has to keep bankers engaged. Britain has a lot at stake in RBS having put in 45 billion pounds into the banking bailout.
Grouped Articles
Royal Bank of Scotland to Slash Costs as Losses Deepen
Wall Street Journal 02/28/2014
Bailed-Out Royal Bank of Scotland Sees Years of Losses
New York Times 02/27/2014
Osborne Promises More Regulatory Powers to Split Up British Banks
New York Times 02/04/2013
Royal Bank of Scotland Names New Chief Executive
New York Times 08/02/2013
Wall Street Bonuses Are an Outrage
Wall Street Journal 02/04/2009
In U.K., Getting Tough With Nationalized Banks
Wall Street Journal 02/09/2009
Politics in Britain's Conservative Party and Brexit in 2016- Osborne, Cameron Johnson and Gove
07/08/2016
Astonishing as it may sound all four Conservative Party leaders went to Oxford, some are saying that they represent the close inner circle type of politics which is disconnected from the people of Britain, especially people marginalized in today's economy.
Grouped Articles
British Politics Gives a Sense of Government by Old School Chums
The New York Times 07/07/2016
Poll: Brexit vote boosts support for EU in Germany | News | DW.COM | 08.07.2016
DW.COM 07/08/2016
Theresa May and Andrea Leadsom vie to become Britain’s next prime minister
The Economist 07/07/2016
Theresa May Is Poised to Be Britain’s Next Prime Minister
The New York Times 07/11/2016
Opinion: Mother Leadsom's big mistake | Opinion | DW.COM | 11.07.2016
DW.COM 07/11/2016
Theresa May, Untested and Ascending to Manage ‘Brexit’
The New York Times 07/12/2016
The Cameron government's approach to poverty in Britain
01/29/2016
Grouped Articles
New York Times 01/29/2016
Theresa May Is Poised to Be Britain’s Next Prime Minister
The New York Times 07/11/2016
France challenges Google's tax arrangements in Europe
10/09/2014
Grouped Articles
Google’s Tax Setup Faces French Challenge
Wall Street Journal 10/09/2014
Inside the U.S. Antitrust Probe of Google
Wall Street Journal 03/20/2015
Theresa May Is Poised to Be Britain’s Next Prime Minister
The New York Times 07/11/2016
Apple should repay Ireland 13bn euros, European Commission rules - BBC News
BBC News 08/30/2016
Yesterday, Outraged by Apple’s Tax Dodge. Today, by Its Tax Bill.
The New York Times 08/31/2016
Fact-Checking Apple’s Claims on E.U. Tax Ruling
The New York Times 08/31/2016
Occupy London protest
01/15/2011
Grouped Articles
Officials Cast Wide Net in Monitoring Occupy Protests
New York Times 05/22/2014
St. Paul's Halts Legal Bid to Evict Activists' Camp
Wall Street Journal 11/02/2011
At Occupy Protests, Bearing Witness Without Preaching â Beliefs by Mark Oppenheimer
New York Times 11/11/2011
Turning the Dialogue From Wealth to Values
New York Times 11/12/2011
New York Times 11/12/2011
Occupy Wall Street Has Plenty of Potential
New York Times 11/18/2011
Challenging the embedded thinking on Wall Street and in the City of London.
09/24/2009
The unregulated functioning of free markets is a result of regulators and the banking community both believing that the uninhibited operation of free markets is the best way to generate economic growth. This makes it easy for regulators to be coopted and falling asleep on the job. Turner Adair of Britain's FSA, and other leaders, who are trying to bring fresh thinking to regulatory reforms.
Grouped Articles
On Wall St., A Culture of Greed Won't Let Go
New York Times 07/15/2013
New York Times 12/27/2011
Britain’s Top Financial Regulator Takes On Banks
New York Times 09/24/2009
British Banks Will Face Tougher Liquidity Rules
New York Times 10/06/2009
The U.K.'s Tough Line on Liquidity
Wall Street Journal 10/07/2009
A Lack of Fiscal Fitness Is Weighing on the Pound
Wall Street Journal 10/14/2009
Britain's actions against bank bonuses.
02/04/2009
Alistair Darling announced immediately effective step of taxing bank bonus pools with a 50% tax.
Grouped Articles
Wall Street Journal 10/31/2013
Royal Bank of Scotland to Slash Costs as Losses Deepen
Wall Street Journal 02/28/2014
Bailed-Out Royal Bank of Scotland Sees Years of Losses
New York Times 02/27/2014
Wall Street Bonuses Are an Outrage
Wall Street Journal 02/04/2009
In U.K., Getting Tough With Nationalized Banks
Wall Street Journal 02/09/2009
U.K. Bankers to Wait Seven Years for Bonuses
Wall Street Journal 06/24/2015
Britain's Conservative Party.
10/08/2009
The increasing support for positions on public finances and personal responsibility of David Cameron and Osborne of the Conservatives. By supporting social protections in the manner of Angeka Merkel in Germany, and insting on personal responsibility and fiscal responsibility the Conservatives are gaining support.
Grouped Articles
U.K. Tories Suffer in Election
Wall Street Journal 05/04/2013
David Cameron Faces Rebellion in His Party
New York Times 05/23/2013
David Cameron Struggles to Turn Economic Recovery Into Votes
Wall Street Journal 05/06/2015
In U.K. Election, It’s Jobs Boom vs. Stagnant Wages
Wall Street Journal 05/07/2015
New York Times 10/16/2009
In Britain, a Soaring Deficit Lifts a Hawk
New York Times 10/17/2009
Poverty in Britain
11/04/2010
Grouped Articles
As the Working Poor Become More Common in Britain, So Does Hunger
New York Times 01/02/2014
The minimum wage is set to rise in Britain. And Conservatives are all for it. - The Washington Post
Washington Post 01/27/2014
London's Tory Mayor Defies the Tory Party
BusinessWeek 11/04/2010
Economist 08/24/2015
New York Times 01/29/2016
Theresa May Is Poised to Be Britain’s Next Prime Minister
The New York Times 07/11/2016
Faces of austerity and poverty in Britain
11/04/2010
Grouped Articles
Jack Monroe Has Become Britain’s Austerity Celebrity
New York Times 01/14/2014
The minimum wage is set to rise in Britain. And Conservatives are all for it. - The Washington Post
Washington Post 01/27/2014
London's Tory Mayor Defies the Tory Party
BusinessWeek 11/04/2010
England’s Bank Fines Are a Boon for a Happy Few
Wall Street Journal 05/31/2015
Economist 08/24/2015
New York Times 01/29/2016
Public opinion in Europe on tax avoidance by Apple, Google, and other large digital companies
10/28/2010
Grouped Articles
Global Firms' Tax Practices Draw U.K. Ire
Wall Street Journal 05/23/2013
New York Times 05/23/2013
The Corrosive Effect of Apple’s Tax Avoidance
New York Times 05/23/2013
Apple's tax arrangements: Biting criticism
Economist 05/27/2013
Steven Pearlstein - Google, tax dodger extraordinaire
Washington Post 10/28/2010
How corporate America is losing the debate on taxes
Washington Post 03/05/2014
Credibility of elites tested in the decade following the financial crisis of 2008-2009- falling incomes in the U.S. and high unemployment in Europe, and disaffection in local regions such as Scotland
09/20/2014
Policies of Gordon Brown and Alistair Darling in a Labor government increased the role of the financial sector in the British economy and the part played by London as financial capital, only to lead to a near collapse of the banks in the financial crisis of 2008-2009. Brown and Darling are both Scots who failed to see the effects on regions in Britain such as Scotland, already affected by deindustrialization under the Conservative Thatcher government, and now hit by the repercussions of the financial crisis under first Labor and then austerity Conservative government of David Cameron. Irwin faults the elites for failing to grasp the effects of their policies on average working people, the risks involved in an overblown speculative financial sector, and only waking up with the elections for the European parliament and tense moments before the referendum in Scotland.
Grouped Articles
In Scotland and Beyond, a Crisis of Faith in the Global Elite
New York Times 09/20/2014
The world economy: Wealth without workers, workers without wealth
Economist 10/06/2014
How Righteousness Killed the World Economy
New York Times 10/12/2014
Germany, France Tap Economists for Advice to Avoid ‘Lost Decade’
Wall Street Journal 10/14/2014
Jerry Brown is spending more on ballot measures than on his own campaign - The Washington Post
Washington Post 10/24/2014
British Treasury Targets Banks to Increase Tax Revenue
New York Times 12/04/2014
Cambridge and Peterborough two cities near London- contrasting educational achievement and views towards membership for Britain in the EU
03/24/2016
Grouped Articles
Economist 03/24/2016
Theresa May Is Poised to Be Britain’s Next Prime Minister
The New York Times 07/11/2016
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