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Political Fix

Theresa May, Brexit Britain's prime minster

Political Fix

Financial Times

News, Politics, News & Politics

4.21.2K Ratings

🗓️ 11 July 2016

⏱️ 25 minutes

🧾️ Download transcript

Summary

Andrea Leadsom dropped out of the Tory leadership contest on Monday, anointing Theresa May as the next prime minister — and overshadowing the launch of Angela Eagle's bid to oust Jeremy Corbyn as leader of the opposition. On another busy day in British politics, Sebastian Payne is joined by Miranda Green and Jim Pickard of the Financial Times.

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Transcript

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0:00.0

They're not authors, but they help you shape your financial story.

0:04.0

They're not an airline, but they connect global businesses across nearly 160 local markets.

0:10.0

They're not interpreters that they listen to and understand their client's needs.

0:14.8

With global expertise and over two centuries of experience, Citi provides tools, insights and

0:20.8

guidance that helps clients thrive.

0:23.0

They're not just any bank, they are city.

0:26.0

Learn more at city.com slash we are city. City.

0:37.0

Welcome to F.T. Politics, a weekly podcast on British politics from the Financial Times.

0:42.0

I'm Sebastian Payne, and today we bring you a

0:44.2

special episode on the leadership, situation the Tories and Labour. I'm delighted

0:49.9

to be joined today by Jim Picard, our chief political correspondent and Miranda Green

0:54.3

a political commentator to chew through all the exciting events on Monday. Thank you for

0:58.7

joining. So political developments continued a pace on Monday with Theresa May beginning with a big speech carefully

1:05.5

pitched at the grassroots and the country at 11 a.m. At midday Andrea Ledson pop-up to announce

1:11.7

she was withdrawing from the Tory leadership

1:13.8

contest citing the need for business stability and political leadership.

1:18.0

Then at 1230, Goring Brady, who's head of the 1922 committee of sort of Tory Trade Union appeared to say that the MPs

1:25.7

were going to recommend she was leader.

1:27.8

So essentially we now have a new Prime Minister.

1:30.4

We've also heard from David Cameron.

1:32.0

He's set to leave Downing Street on

1:34.0

Wednesday after a final PM Qs and then Miss May will be anointed as the new Prime

...

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