At a time when the nation is experiencing a crisis in the cost of living, industrial unrest, and a recession, Liz Truss was elected as the next prime minister of Britain on Monday.
Truss won the ballot of Conservative Party members by 81,326 votes to 60,399 after weeks of a contentious and frequently tense leadership battle that pitted the foreign minister against former finance minister Rishi Sunak.
“We must demonstrate our ability to deliver over the next two years. Following the announcement of the outcome, Truss declared, “I’ll present an audacious plan to cut taxes and expand our economy.
“I will address the energy crisis, taking care of people’s energy bills while also addressing the long-term problems we have with energy supply,” the speaker declared.
The resignation announcement marks the beginning of Boris Johnson’s handover, who was compelled to make the decision in July after months of scandal caused support for his administration to crumble.
Tuesday, he will make a trip to Scotland to present his resignation to Queen Elizabeth. The monarch will invite Truss to form a government and he will follow him.
In an article published in the Financial Times on Monday, Kwasi Kwarteng, who is widely expected to serve as Truss’ finance minister, attempted to calm the markets by stating that while “some fiscal loosening” would be necessary under her leadership, her administration would still act in a “fiscally responsible manner.”
Opposition MPs claim that Truss’ lengthy, expensive, and difficult to-do list is the product of 12 years of a dysfunctional Conservative government.Numerous people have called for an early general, which Truss has said she will not allow.
The issues she would face as prime minister were “perhaps the second most challenging brief of post-war prime leaders,” according to veteran Conservative legislator David Davis in 1979.