British PM May gets down to business

London, Thursday

Theresa May began her first full day as British prime minister today under immediate pressure to implement Brexit, after stunning observers by picking gaffe-prone “Leave” campaigner Boris Johnson as her top diplomat.

EU leaders were quick to congratulate Britain’s new premier, whose appointment brought some stability following three tumultuous weeks since the country voted to leave the European Union, but urged her to move quickly.

The result sparked turmoil on the financial markets and the Bank of England was meeting to discuss whether to cut interest rates to ward off the risk of recession. —AFP

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