UK Announces New Prime Minister

UK Announces New Prime Minister

Liz Truss has been voted as the next Prime Minister of UK.
She will now succeed Boris Johnson.
Truss becomes the 3rd female PM after defeating Rishi Sunak the ex-Chancellor of the Exchequer ( Finance Minister) by members of the Conservative Party, after 2 months of campaign.
Truss has promised to deliver £30 billion in tax cuts through an emergency Budget later this month, arguing the UK’s tax burden is behind sluggish growth. She joined the contest with ten others, who were gradually reduced to 2, after Boris Johnson resigned due to losing the trust of many of his allies.
This saw Johnson’s government engulfed in a number of scandals, ranging from the Party Gate Scandal to allegations of corruption after a WhatsApp message revealed he had solicited donations from a member of his party to fund the refurbishment of his Downing Street residence.
Truss has pledged to deliver low-regulation investment zones and bring about the biggest increase in defence spending in decades. She also abandoned a plan to link public sector pay to local living costs, after a backlash from unions, Labour and some Tories.
To handle the energy price crisis in the UK, Truss had also promised to announce a plan to deal with soaring energy costs within a week, if elected, adding that further support would need to go “hand in hand” with a plan to boost domestic energy supplies, arguing the UK had become too dependent on international energy prices.
Her plans if elected have also come with criticisms as Financial Times declared that the rising cost of government debt and Liz Truss’s promises on tax cuts and defence spending will blow a £60 billion hole in the public finances by the middle of the decade.
Labour Party also warned that her plans will push through a “huge stealth tax cut for banks”, Pat McFadden, shadow Treasury minister, says her cuts of corporation taxes to boost UK’s economic growth will come at an estimated £17 billion cost to the exchequer, citing that scrapping Sunak’s corporation tax rise and keeping the 5 percentage point cut in the bank surcharge would be a big tax cut for big banks in the midst of an economic crisis.
Kwasi Kwarteng, the UK’s Business Secretary and Truss ally said her government will take immediate action if elected that “will help people with the challenges we face in the coming months, and lay the groundwork for the change we need in the long term. This means cutting taxes, putting money back into people’s pockets and unshackling our businesses from burdensome taxes and unsuitable regulation”.

Here are some things to know about the third female British Prime Minister:
1 – Liz Truss (Mary Elizabeth Truss) was born on July 26, 1975  in Oxford, England, to John Kenneth and Priscilla Mary Truss.
2 – Truss attended West Primary School in Paisley, Scotland. She then attended Roundhay School, in the Roundhay area of Leeds.
3 – She read Philosophy, Politics and Economics at Merton College, Oxford, graduating in 1996.
4 – Truss was active in the Liberal Democrats. She was president of Oxford University Liberal Democrats and a member of the national executive committee of Liberal Democrat Youth and Students. During her time as a Liberal Democrat, Truss supported the legalisation of cannabis and the abolition of the monarchy.
5 – She joined the Conservative Party in 1996.
6 – Truss worked for Shell from 1996 t0 2000, during which time she qualified as a Chartered Management Accountant in 1999.
7 – She was employed by Cable & Wireless in 2000 and rose to economic director before leaving in 2005.
8 – Truss served as the chair of the Lewisham Deptford Conservative Association from 1998 to 2000.
9 – She unsuccessfully contested the Greenwich London Borough Council elections in 1998 (for Vanbrugh ward) and 2002 (in Blackheath Westcombe).
10 – She was elected as a councillor for Eltham South in the Greenwich London Borough Council election on May 4, 2026.
11 – Under David Cameron as Conservative leader, Truss was added to the party’s ‘A List’.
12 – On September 4, 2012, Truss was appointed as Parliamentary Under-Secretary of State at the Department for Education, with responsibility for childcare and early learning, assessment, qualifications and curriculum reform, behaviour and attendance, and school food review.
13 – In a July 15, 2014 cabinet reshuffle, Truss was appointed Secretary of State for Environment, Food and Rural Affairs, replacing Owen Paterson.
14 – On July 14, 2016, Truss was appointed as Secretary of State for Justice and Lord Chancellor in Theresa May’s first ministry. She became the first woman to hold either position and the first female Lord Chancellor in the thousand-year history of the office.
15 – On June 11, 2017, following the general election, she was moved to the position of Chief Secretary to the Treasury.
16 – She was promoted by Boris Johnson to the position of Secretary of State for International Trade and President of the Board of Trade. Following the resignation of Amber Rudd, Truss was additionally appointed Minister for Women and Equalities.
17 – On September 15, 2021, during a cabinet reshuffle, Johnson promoted Truss from International Trade Secretary to Secretary of State for Foreign, Commonwealth and Development Affairs, thus becoming the second woman to hold the position after Margaret Beckett.
18 – On July 10, 2022, Truss announced her intention to run in the Conservative Party leadership election to replace Boris Johnson after the latter’s resignation.
19 – On September 5, 2022, Truss won the Conservative Party’s election as party leader, beating her rival, Sunak.
20 – On September 6, 2022, Liz Truss will be officially made the Prime Minister of the United Kingdom, becoming the third female to occupy that position.

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