Liz Truss officially takes over as UK Prime Minister after Johnson’s resignation

Posted in: 06/09/2022 – 12:19

With a looming inflation and recession crisis, Liz Truss will officially assume the position of Prime Minister of Britain, succeeding Boris Johnson, who submitted his resignation in the wake of a series of scandals. Terrace will be the fourth Conservative prime minister in six years. She took charge with shaky political support, defeating rival Rishi Sunak.

take over Liz Terrace On Tuesday, she will officially be the prime minister, and she will have a tedious list of things to accomplish, at a time when the United Kingdom is experiencing its worst economic crisis in decades.

Terrace succeeded Boris Johnson, who ended a three-year period of turmoil. Johnson, who was forced out of office by the Conservative Party in the wake of a series of scandals, urged the country to come together and support his successor.

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After a farewell speech outside his official residence in Downing Street, Johnson left London for Scotland, where he will tender his resignation to Queen Elizabeth. A prime minister will then be appointed to begin forming the government.

It will now be up to 47-year-old Trass to turn Britain into a looming recession and an energy crisis that threatens the finances of millions of families and businesses.

Its plan to boost the economy through tax cuts while allocating tens of billions of pounds to reduce energy costs has already alarmed financial markets, prompting investors to dump sterling and government bonds.

“What I say to my Conservative colleagues is, it’s time to end the political bickering… It’s time for all of us to stand behind Liz Truss, her team and her platform,” Johnson said in his speech.

Terrace will be the fourth Conservative prime minister in six years. She took charge with weaker political support than many of her predecessors, having defeated rival Rishi Sunak in a party vote by a smaller than expected margin of victory, and was not initially the party’s lawmakers’ first choice.

Trace promised to take “bold measures” to get the country to safety, including cutting taxes, despite warnings that it might exacerbate Britain’s inflation rate, which has already reached 10.1 percent, the highest level among major economies.

FRANCE 24/Archyde.com