UK: Liz Truss wins contest to become the next UK Prime Minister

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UK: Liz Truss wins contest to become the next UK Prime Minister

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    Liz Truss won the Conservative Party leadership race to become the next British Prime Minister.

    “I will deal with long-term issues on energy supply,” Liz Truss said in her acceptance speech and noted that she will deal with the crisis in households’ energy bills.

    “I will govern as a conservative.”

    “I intend to deliver what we promised voters in 2019.”

    “I will deliver a bold plan to cut taxes and grow our economy.”

    “We will deliver a great victory for the conservative party in 2024.”

    The UK’s FTSE 100 Index showed no immediate reaction to these comments and was last seen losing 0.6% on a daily basis. Meanwhile, the GBP/USD pair continues to fluctuate at around 1.1500 during the European trading hours.

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