Is Theresa A MerMayd?

The events in the UK continue to dominate the news as Theresa May becomes the new UK PM. What does this mean for Jersey? The straight answer is we don't know yet.

On the one hand her social justice emphasis and talk of an industrial strategy hinting at interventionism, provides a warning shot over the bows of big business. This will worry free marketeers as will her lack of a business background.

On the other hand her long track record of pragmatic and careful political management indicates she's not a radical or an idealogue and can be reasoned with. One positive development is that her campaign manager was Chris Grayling who has been to Jersey and made some very positive comments about our stance as an International Finance Centre. He will likely pick up a key role  in the new administration.