Breaking News

British Foreign Minister, Liz Truss, elected PM

Liz Truss was named Britain’s next Prime Minister on Monday, winning a leadership race for the governing Conservative Party.

Truss won in a vote of Conservative Party members after weeks of an often bad-tempered and divisive leadership contest that saw the foreign minister face off against former finance minister, Rishi Sunak.

The announcement triggers the start of a handover from Boris Johnson, who was forced to announce his resignation in July after months of scandal saw support for his administration drain away.

He will travel to Scotland to meet Queen Elizabeth on Tuesday to officially tender his resignation.

47-year-old Truss is expected to follow him and be asked to form a government by the monarch.

Truss, the front-runner in the race to replace Johnson, will become the Conservatives’ fourth prime minister since a 2015 election.

READ ALSO: Boris Johnson quits as UK Prime Minister

Over that period the country has been buffeted from crisis to crisis, and now faces what is forecast to be a long recession triggered by sky-rocketing inflation which hit 10.1% in July.

Truss, a foreign minister under Boris Johnson, has promised to act quickly to tackle Britain’s cost of living crisis, saying that within a week she will come up with a plan to tackle rising energy bills and securing future fuel supplies.

She has signalled during her leadership campaign that she would challenge convention by scrapping tax increases and cutting other levies in a move some economists said would fuel inflation.

Liz Truss faces a long, costly and difficult to-do list, which opposition lawmakers say is the result of 12 years of poor Conservative government.

Several people have also called for an early election – something Truss has said she will not allow.

Truss has said she will appoint a strong cabinet, dispensing with what one source close to her called a “presidential-style” of governing, adding that she will have to work hard to win over some lawmakers in her party who had backed Sunak in the race.

The Star

Segun Ojo

Recent Posts

FG cuts monthly bond offer to N700bn

The Federal Government plans to raise N700bn from the domestic bond market this month, continuing…

6 minutes ago

Troops pound ISWAP positions in Lake Chad, neutralise 30 terrorists

Troops of the Joint Task Force North East under Operation Hadin Kai have destroyed an…

11 minutes ago

Lagos orders approval for solar panel installation in state housing estates

Lagos State residents living in government-owned housing estates must obtain approval from the Ministry of…

16 minutes ago

NAFDAC seizes N350m fake alcohol, shuts illegal factories In Lagos

The National Agency for Food and Drug Administration and Control has dismantled two illegal production…

10 hours ago

Wike-backed PDP releases 2027 election timetable, pegs presidential form at N51m

The Minister of Federal Capital Territory (FCT), Nyesom Wike-backed Peoples Democratic Party (PDP) has released…

10 hours ago

Power Minister resigns to contest Oyo governorship

Minister of Power Adebayo Adelabu has resigned his cabinet position to pursue the governorship of…

11 hours ago

This website uses cookies.