My guess is that she is too smart to allow the worst case scenario to happen. To do that, however, she is going to have to move swiftly from focusing on winning the confidence of Conservative MPs and party members to winning the confidence of the markets.
As one Cabinet Minister put it to me recently, the Treasury has never been interested in growth, just in collecting taxes.
Higher interest rates may slow the world economy later this year and early next. Recession is even possible for the UK.
Gove is ready to localise as much either as he wants to or as his colleagues will let him, or both. I hope it’s work in progress.
Now that we are hopefully returning to something approaching normality, we must focus back on the core issue of driving growth and investment.
This country has done very little to move forward and separate itself from the regulatory grasp of Brussels.
The importance of competitive taxes cannot be understated. And retaining high standards is not incompatible with growth.
Ensuring that we do not stifle innovation, while legislating for robust consumer protections, is the crux of what policymakers should be looking to achieve.
Our exit from the EU should allow fresh thinking and a new regulatory approach – to allow the UK to reach its full economic potential.
And we chat to the young waiter, the question I’m asking is: “why wait until young people are 22 for auto-enrolment to begin?”
The proposed Australian trade deal risks bankrupting our farmers. The competition is unfair, their standards lower – and our consumer gain minimal.
Lidington writes that “the UK has the potential to be world-leading in areas such as fintech, life sciences, artificial intelligence and genetic modification”.
The success in procurement and distribution prompts the question of what else we are outstandingly good at.
I was surprised to see Daniel Hannan argue that the Government is failing to distance itself from the EU.