Some major British oil and gas companies, bidding for highly competitive contracts with the country, could benefit from improved relations between Libya and the UK following Megrahi's release, our correspondent says.
The BBC News Channel's chief political correspondent Norman Smith said what had been intended as a major policy announcement had turned into a public relations shambles with Mrs May "overreaching herself" and Mr Clarke appearing out of the loop.
Today she is making conspicuous efforts to build good relations with the armed forces, which still hold an automatic quarter of the seats in parliament, our correspondent adds.