Theresa May's Mansion House speech last night set the scene for next week's autumn statement. It was short on detail but it set a clear broad strategic direction which will be fleshed out in the next week with a green paper on Corporate Governance and a new industrial strategy. She set out a continued commitment to the economic benefits of liberalisation and globalisation PLUS market reforms to ensure more balanced economic growth and responsible capitalism. It was a clear diagnosis of the issues western economies need to tackle: people left behind by globalisation (low and middle incomes) and a minority of business acting in a way that creates distrust. I was reminded of Nick Hanauer's TED talk a few years ago "Beware fellow plutocrats, the pitchforks are coming' which makes the same argument a little more forcibly.
Theresa May laid out her plan for how Britain can lead in the transformed modern world during her speech to the Lord Mayor's Banquet.