Theresa May moves the goalposts on economic strategy

When British prime ministers assume office, they usually deliver high-sounding speeches. Margaret Thatcher famously quoted from St Francis of Assisi back in May 1979.

Maggie’s first female successor did not disappoint in this regard. The daughter of a vicar, Theresa May is instinctively at home with uplifting thoughts.

Last week her turn came and she delivered what turned out to be a pretty well-crafted oration in which she lamented the gap between the haves and have nots in British society.