Liz Truss won the bitter race to succeed Boris Johnson as UK prime minister, and will take power with the country facing brutal economic headwinds that threaten to plunge millions of Britons into poverty this winter. Read: Boris Johnson quits The foreign secretary, 47, emerged victorious on Monday after a two-month Conservative Party leadership contest that started with 11 candidates and concluded with a runoff against former Chancellor of the Exchequer Rishi Sunak.
It’s likely to be Kwasi Kwarteng, the current business secretary who is a longstanding ally and ideologically aligned with Truss. As well as help for households, measures could include a business rates cut for small- and medium-sized businesses, which aren’t protected by a regulatory price cap on domestic energy bills and have been calling for assistance.
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