The key takeaway is that she has long thought that there was insufficient focus on growth – and that good policy can deliver it.
More of the same isn’t going to cut it, and the Foreign Secretary has the boldest and best vision for change.
This minimalist manoeuvre, carried out in graveyard news time, suggests that a bigger reshuffle has been postponed until the other side of the year.
The first piece of our series on the coming economic revolution urges the Government to challenge Corbyn’s Luddite approach.
Some Ministers and Conservative MPs are so spooked by Corbyn that they are in danger of losing their heads.