U.K. Prime Minister Theresa May Makes Her First Statement As The Country's New Leader

Theresa May, Britain’s new prime minister, has announced sweeping changes with her first cabinet.

Meanwhile the Bank of England has surprised markets by leaving interest rates on hold. Many had been expecting a cut.

Key appointments

  • Philip Hammond (treasury)
  • Boris Johnson (foreign office)
  • Amber Rudd (home office)
  • Justine Greening (education)
  • Liz Truss (justice)
  • David Davis (Brexit minister)
  • Liam Fox (international trade)
  • Jeremy Hunt (health)
  • Damian Green (work and pensions)
  • Michael Fallon (defence)
  • Chris Graylling (transport)
  • Andrea Leadsom (environment)

Key departures

  • George Osborne (treasury)
  • Michael Gove (justice)
  • Nicky Morgan (education)
  • Stephen Crabb (work and pensions)
  • John Whittingdale (culture)
  • Oliver Letwin (cabinet office)
  • Theresa Villers (Northern Ireland)