Theresa May pledges to take on the fat cats

Theresa May has taken over at Downing Street. Matthew Partridge explains why Britain's fat cats should be worried, and asks what is she going to do about Brexit.

802-CS-1200

The unexpected withdrawal of Andrea Leadsom from the Conservative party leadership race this week left Theresa May as the last contender standing, allowing her to take David Cameron's place as prime minister on Wednesday, far earlier than expected. However, even before Leadsom had pulled out May was already setting out an agenda that goes far beyond Brexit. Indeed, says George Parker in the Financial Times, her final speech before learning of her new role "was not about Europe, but about making the country a fairer place".

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
Dr Matthew Partridge
Shares editor, MoneyWeek

Matthew graduated from the University of Durham in 2004; he then gained an MSc, followed by a PhD at the London School of Economics.

He has previously written for a wide range of publications, including the Guardian and the Economist, and also helped to run a newsletter on terrorism. He has spent time at Lehman Brothers, Citigroup and the consultancy Lombard Street Research.

Matthew is the author of Superinvestors: Lessons from the greatest investors in history, published by Harriman House, which has been translated into several languages. His second book, Investing Explained: The Accessible Guide to Building an Investment Portfolio, is published by Kogan Page.

As senior writer, he writes the shares and politics & economics pages, as well as weekly Blowing It and Great Frauds in History columns He also writes a fortnightly reviews page and trading tips, as well as regular cover stories and multi-page investment focus features.

Follow Matthew on Twitter: @DrMatthewPartri