Theresa May Starts Building New Cabinet

The video discusses the new leadership in the UK with Philip Hammond as Chancellor and Theresa May as Prime Minister. It explores their approach to economic challenges, contrasting with previous policies, particularly in fiscal policy and regional development. The focus shifts to corporate governance changes, including employee representation on boards. The video concludes with speculation on future economic policies, such as corporation tax cuts and public investment projects.

Who is the new Chancellor of the Exchequer mentioned in the video?

• Ed Conway

• George Osborne

• Philip Hammond

• Theresa May

What was George Osborne's main fiscal policy goal?

• Expand the welfare state

• Reduce taxes for the wealthy

• Eliminate Britain's budget deficit

• Increase public spending

What is the Northern Powerhouse initiative primarily about?

• Investing in London's infrastructure

• Promoting tourism in the UK

• Reducing taxes for northern businesses

• Investing in the northern regions of the UK

What corporate governance reform is discussed in the video?

• Outsourcing management roles

• Reducing employee benefits

• Employee representation on company boards

• Increasing CEO salaries

What economic change is being considered to address uncertainty?

• Increasing corporation tax rates

• Increasing interest rates

• Reducing public sector investment

• Cutting corporation tax rates