by Bill O’Grady
On Monday, July 11, U.K. Energy Minister Andrea Leadsom withdrew from the race for prime minister. The Tories decided to end the leadership contest with Leadsom’s exit, giving the PM job to Theresa May. She officially took over the role on Wednesday, July 13.
In this report, we will begin with a discussion of how she won. We will offer a short biography of May, focusing on her accomplishments, temperament and leadership style. We will also discuss her mandate and the odds of early elections. As always, we will conclude with the potential impact on markets.
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