Theresa May to Become Next U.K. Prime Minister

The transcript discusses the political implications of Andrea Leadsom's withdrawal from the UK Tory leadership contest, leaving Theresa May as the sole candidate for Prime Minister. It explores the potential impact on the Conservative Party, the market reactions, and the implications for Brexit, given May's previous stance in the Remain campaign.

What was the initial plan of the Conservative Party regarding the leadership contest?

• To have a quick coronation of Theresa May

• To hold a postal ballot for 150,000 members

• To appoint Andrea Leadsom as the leader

• To delay the decision until next year

How did the market react to the news of Andrea Leadsom's withdrawal?

• There was no noticeable change

• The stock market crashed

• The pound strengthened

• The pound weakened significantly

What is one reason for the market's positive reaction to Theresa May's potential leadership?

• She promised to lower taxes

• She supported Andrea Leadsom

• She was part of the Remain campaign

• She announced a new economic plan

What was Andrea Leadsom's stance on Brexit?

• She opposed the Brexit referendum

• She was a vocal member of the Remain campaign

• She was neutral on the issue

• She was a vocal member of the Brexit campaign

What is the speculation about Theresa May's approach to Brexit compared to Andrea Leadsom?

• May might be less pro-Brexit than Leadsom

• May will be more aggressive in Brexit negotiations

• May will ignore the Brexit referendum

• May will follow Leadsom's Brexit plan