British Prime minister Theresa May has retained finance minister Philip Hammond, in keeping with her decision to form a new government after her governing Conservatives failed to win a majority.
Before the election there had been widespread speculation in the British media that May would replace Hammond if she won a large majority.
With Hammond’s reappointment the government may likely not relax its grip on public spending after the left-wing Labour Party secured a better-than-expected election result with a plan to invest more in public services..
Speaking on the doorstep of her 10 Downing Street residence, May said the government will provide certainty and lead Britain in talks with the European Union, to secure a successful Brexit deal
Meanwhile,Leader of the Scottish Conservatives, Ruth Davidson is advocating an open Brexit after the conservative party failed to win a majority in Britain’s election.
Davidson, who led the Scottish Conservatives to its best performance since 1983, pledges her support for Prime Minister Theresa May.
Related posts:
U.K. govt. : May retains Finance Minister Hammond
BREAKING: MPC retains MPR at 11.5%, retains other key parameters alike
British Prime Minister Theresa May faces no-confidence vote
BREAKING: UK Prime Minister, Theresa May, loses Brexit deal Vote
Theresa May under pressure to resign as Prime Minister
FG may extend subsidy removal beyond June-Finance Minister
Theresa May announces social care funding reforms to help elderly pass on inheritance to loved ones
Boris Johnson to form new government after succeeding Theresa May
