Liz Truss replaces Boris Johnson as UK’s Prime Minister

Britain’s Conservative Party has announced that its members have chosen Liz Truss to replace Boris Johnson as its new party leader and next Prime minister of the United Kingdom.

Forty-seven-year-old Liz Truss who until her election as the PM, was the foreign secretary in Johnson’s cabinet, defeated Rishi Sunak, a former Chancellor of Exchequer, whose resignation paved the way for Boris Johnson’s exit from office.

How did she win?

Ms. Truss’s victory has been widely expected in recent weeks as she has maintained a commanding lead in the polls. She defeated her closest rival, Rishi Sunak with a margin of 57.4% to 42.6% to clinch Britain’s top job.

Her election makes her the fourth British PM in six years and the third female Prime Minister after Margaret Thatcher and Theresa May. However, she will like them, be greeted with an array of fearsome problems.

What are the challenges before her?

Double-digit inflation, a looming recession, labour unrest, soaring household energy bills, and possible fuel shortages this winter- are some of the major issues that will confront the new PM as she moves to 10 Downing Street, London.

She also must repair the deeply divided Conservative Party after Boris Johnson’s turbulent three-year tenure which was rocked by scandals.   

What did she say in her victory speech?

In a businesslike victory speech to party members, Ms. Truss promised a “bold plan” to lower taxes and bolster the economy, emphasizing her resolve to deliver. She rode to power with a single-minded message of tax cuts and smaller government. Although some economists think her proposal would do little in solving Britain’s current problem, or may even worsen it altogether.

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She will formally assume the Prime Minister’s title today in a meeting with Queen Elizabeth II at Balmoral Castle in Scotland, where the queen is vacationing. The out-going Prime Minister, Boris Johnson is also expected to bid his final farewell to the monarch, consequently drawing a curtain on his career as a frontline politician (in the meantime though).