no, it was arrogance. She's made a fool of herself to the public, made herself look cruel and dumb for saying she was happy to be unpopular, then u-turning on those unpopular decisions. She has also angered her MPs, and they will be emboldened against her, while many will want her outWas it all a very clever charade? Headlining and focusing on cutting the upper rate - public outcry (rightly), than a u-turn - "we listened" and are putting the rate back up. In the meantime, the bankers and fund managers have and are making money on the market movements and their bonuses are no longer capped. - A classic create some temporary chaos and milk it to the max and pretend to be good listeners and put it right whist your mates wallets are bulging to burst.