Liz Truss will become Britain's next prime minister after winning a leadership race for the governing Conservative Party on Monday, vowing to press ahead with promised tax cuts and action to tackle a deepening energy and cost of living crisis.
After weeks of an often bad-tempered and divisive leadership contest, Truss, currently the foreign minister and the favourite to win, beat former finance minister Rishi Sunak in a vote of Conservative Party members, winning by 81,326 votes to 60,399.
"I will deliver a bold plan to cut taxes and grow our economy," Truss said after the result was announced. "I
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)