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UK's leadership in global free trade


11-15-2016 11:29 BJT

Prime Minister Theresa May called on business leaders on Monday to help her government win back Britons disillusioned with liberal elites and globalisation by forging an economy that "works for everyone". May said Britain should not avoid making the case for globalisation when "change is in the air". Instead, government and business must show the benefits of global trade and liberalism can be shared more widely. She said jobs could be created by her "new industrial strategy" and encouraging companies to help communities.

In her speech at the Guildhall in the City of London financial district, she emphasized "we must respond with calm, determined, global leadership to shape a new era of globalisation that works for all." Many Western leaders have been rattled by the Brexit vote and Trump's election victory, fearing that they might also be brought low by growing dissatisfaction with the ruling elites. But May told that there was no binary choice so the government will be "unashamedly pro-business" as it leaves the EU while companies must also act responsibly.

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