Likely UK PM promises crackdown on tax evasion and executive pay
Theresa May, currently the only remaining contender to be the next leader of the Conservative Party and UK Prime Minister, says she will clamp down on corporate tax evasion and avoidance. She will ensure that shareholders are given a binding vote in relation to executive pay and will pledged to broaden the diversity of company boards, arguing that workers should be represented on boards, May said in a speech on Monday. She also said that the UK needs an industrial strategy to prevent takeovers, such as the proposed sale two years ago of AstraZeneca to Pfizer.

11 Jul 2016 11.16 BST May says workers and communities have a stake in big companies. Two years ago AstraZeneca was almost sold to Pfizer. She says she wants to the UK to have an industrial strategy that would stop takeovers like this happening.



11 Jul 2016 11.15 BST May says she wants to make improving productivity a Treasury priority. She wants more Treasury-backed infrastructure bonds. And she wants plans to help not just Manchester, but all our great industrial cities.



11 Jul 2016 11.14 BST May says UK will definitely leave the EU if she is prime minister May says the referendum was a vote to leave the EU. But it was also a vote for serious change. Yet the response of some politicians and business leaders show they do not get it. Some politicians are trying to overturn the result. And some business leaders are complaining about the result, not preparing to deal with it. May insists Brexit means Brexit. The UK will leave the EU under her as prime minister, she says.



11 Jul 2016 11.12 BST May says today she will be talking mostly about the economy. She says people feel frustrated with how little control they have over what happens. Some taxes have gone down, but others have gone up. There is little job security out there, she says. It is harder than ever for young people to buy their first house. And there is a chasm between London and the rest of the country, she says.



11 Jul 2016 11.09 BST May stresses her desire to address inequality. Right now, if you’re born poor, you will die on average nine years earlier than others. If you’re black, you’re treated more harshly by the criminal justice system than if you’re white. If you’re a white, working-class boy, you’re less likely than anybody else to go to university. If you’re at a state school, you’re less likely to reach the top professions than if you’re educated privately. If you’re a woman, you still earn less than a man. If you suffer from mental health problems, there’s too often not enough help to hand. If you’re young, you’ll find it harder than ever before to own your own home. But, as I have said before, fighting these injustices is not enough. If you’re from a working-class family, life is just much harder than many people in politics realise. You have a job, but you don’t always have job security. You have your own home, but you worry about mortgage rates going up. You can just about manage, but you worry about the cost of living and the quality of the local school, because there’s no other choice for you. She says she wants a society that works for everyone.





11 Jul 2016 11.08 BST Theresa May launches her national campaign Theresa May is giving a speech launching her national campaign. She says her case for the leadership depends on three things. First, we need a bold, new, positive vision for the future of our country - a vision of a country that works for everyone - not just the privileged few. Second, we need to unite our Party and our country.

And third, our country needs strong, proven leadership - to steer us through this time of economic and political uncertainty - and to negotiate the best deal for Britain as we leave the European Union and forge a new role for ourselves in the world . Brexit means Brexit and we’re going to make a success of it.

(This quote is from the preview of the speech sent out in advance. This morning May used the same language, but she put the points in a different order.)



11 Jul 2016 10.49 BST Saving Labour, the group trying to recruit people into the Labour party to vote against Jeremy Corbyn, has put out a statement this morning saying it hopes to get the Labour membership up to 1m. Here’s an extract.

Labour party membership is less than 1% of the population, and Tory Party members – 0.2% of the population – will decide our next prime minister. A generation ago 3.5m Britons were members of a political party. Today the figure is nearer one million. We want people from all walks of life to join our campaign and help us save Labour by joining as a registered supporter or a member.

