Britain's Prime Minister Theresa May wears a 'Frida Kahlo' bracelet and holds a sweet passed to her as she addresses the Conservative Party conference in Manchester, October 4, 2017. REUTERS/Hannah McKay
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It was meant to be the speech that rescued Theresa May's premiership, but her public humiliation before the assembled Conservative Party has thrust her own future into doubt.May's authority was already shattered by her botched bet on a June snap election that lost her party its majority in Parliament just days before the opening of formal Brexit talks with the European Union.As Conservative lawmakers decide whether to proceed with May, Britain has just over one year to negotiate the terms of the EU divorce and the outlines of the future relationship.If May stays, Brexit talks will be guided by one of the weakest leaders in recent British history. But if May goes, Britain would be thrust into another political crisis while the clock ticks down to Brexit.Many business leaders – in Britain and the EU – now fear a disorderly exit that would imperil Britain's $2.5 trillion economy, shock global financial markets and undermine London's position as the only financial center to rival New York.Business Minister Greg Clark said the Conservatives should stay cool-headed and praised May for showing guts and grace by coping with the interruptions to her speech.
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