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LizTruss will become Britain’s next prime minister after winning a leadership race for the governing Conservative party on Monday, vowing to press ahead with promises of tax cuts and to deal with a growing energy crisis.

FILE PHOTO: Britain's Liz Truss is seen outside Downing Street, in London, Britain March 17, 2020. REUTERSFILE PHOTO: Britain's Liz Truss is seen outside Downing Street, in London, Britain March 17, 2020. REUTERSwill become Britain’s next prime minister after winning a leadership race for the governing Conservative party on Monday, vowing to press ahead with promises of tax cuts and to deal with a growing energy crisis.

He will travel to Scotland to meet Queen Elizabeth on Tuesday to officially tender his resignation. Truss will follow him and be asked to form a government by the monarch. That, plus a pledge to review the remit of the Bank of England while protecting its independence, has prompted some investors to dump the pound and government bonds.

Veteran Conservative lawmaker David Davis described the challenges she would take on as prime minister as “probably the second most difficult brief of post-war prime ministers” after Conservative Margaret Thatcher in 1979.

 

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