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May must refrain from populist obstruction of takeovers

COMMENT: The new UK Prime Minister has made ominous noises about mergers and acquisitions

Getty Images
Getty Images

Anyone would think that Theresa May didn’t care about M&A bankers.

In her speech just before being declared Prime Minister, she had nothing encouraging to say to the poor devils. The focus was all on "ordinary, working people" and how corporate bosses were paid too much. Not a word about how bankers were supposed to make a living now the referendum has scared the buyers away.

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