Markets – and ergo humans – love stability. Theresa May, who replaced David Cameron as prime minister last week, takes charge at a time when financial markets are craving security, as is much of the UK electorate. Comparisons have been made with the period in late 1990 when John Major was considered a safe pair of hands after taking over the leadership from Margaret Thatcher. But nothing is ever certain and it is worth remembering that a financial storm was already brewing when Mr Major took charge.
