"The next five years will be the most challenging that Britain has faced in my lifetime," she wrote in The Telegraph newspaper. May last year praised free markets and free trade in a speech to party activists, but also said that she would be prepared to intervene where markets were deemed dysfunctional or where companies were exploiting the failures of the market. Despite predictions economic turmoil, Britain's economy surprised almost all forecasters and grew by 1.8 percent last year, faster than all other Group of Seven economies in 2016 bar Germany. May will also keep the government's pledge to cut corporation tax to 17 percent by 2020, the Telegraph said. On immigration, May will stand by a pledge to bring it down to the tens of thousands, but will provide no deadline.

Source: bd News24 May 17, 2017 23:15 UTC