British PM Theresa May promises measures aimed at reforming markets

Newsroom 03/10/2018 | 17:10

The British PM Theresa May appeared on the final day of her party’s conference in Birmingham, dancing on ABBA’s Dancing Queen, launched an attack on what she called the Jeremy Corbyn party, and she said that Britain is not afraid to leave EU with no deal, but it will be hard for both sides.

According to The Guardian, closing the gathering of party faithful, which has been marked by divisions over Brexit, the prime minister claimed today’s Labour party had abandoned the principles of Gaitskell, Callaghan and Attlee, calling the recent antisemitism row a “national tragedy”.

May promised that ten years after the banking crisis, “austerity is over”.

“There must be no return to the uncontrolled borrowing of the past. No undoing all the progress of the last eight years. No taking Britain back to square one. But the British people need to know that the end is in sight. And our message to them must be this: we get it,” May said.

The British PM said that she wanted a good Brexit agreement but warned the EU that ”Britain isn’t afraid to leave with no deal if we had to”.

Measure aimed at reform markets

May set out a series of measures aimed at reforming free markets. “We cannot make the case of capitalism if ordinary working people have no chance of owning capital,” she said.

In particular, highlighting what she has repeatedly called her “personal mission” to tackle the housing crisis, May announced she would scrap the cap on how much local authorities can borrow to build new social housing.

She highlighted the government’s response to the Salisbury nerve agent poisoning, and contrast it with Corbyn’s approach of demanding international action, sanctioned by the UN security council, on which Russia has a veto. “We cannot outsource our conscience to the Kremlin,” she stated.

May said that leadership is doing what you believe to be right, and having the courage and determination to see it through, and that’s what she’s been doing on Brexit.

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