Theresa May bangs patriotic drum ahead of UK Brexit negotiations
British Prime Minister Theresa May has come out fighting on Brexit, beating the patriotic drum following a relatively subdued period since taking over as prime minister from David Cameron in July. The establishment must stop sneering at the patriotism of ordinary Britons, she said at the beginning of the month. But the pound keeps on weakening, which has now also extended to the capital market with bond yields climbing. And UK business confidence remains fragile. Apparent discord among ministers has also surfaced, with Chancellor of the Exchequer Philip Hammond threatening to resign following differences with May. In the meantime, Foreign Secretary Boris Johnson remains in the foreground as some Conservative Party members demand the House of Commons must first agree to and vote on the framework of EU negotiations. But does the whipping up of patriotic emotions reflect confidence in an eventual Brexit that would benefit the UK economy? Or does it hide deep-seated uncertainty about th...
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