Liz Truss was sworn in as Britain’s prime minister on Tuesday, pledging to take urgent action to tackle one of the toughest challenges for a future leader in post-war history.Truss, the fourth Conservative prime minister in six years, appealed to the Scottish royal family to ask Queen Elizabeth to form a government. He succeeded Boris Johnson after three tumultuous years in power.
“We are now faced with Russia’s horrific war in Ukraine and massive global interventions in the wake of COVID,” the 47-year-old former foreign secretary said outside his Downing Street office. “I hope we can get rid of the storm together. I can restore my own economy. And I can become modern smart English. I know we can be.”
Truss, who then announced her government appointments, stated that she has three priorities: the development of the economy by reducing taxes, combating increased energy costs this week and ensuring that people receive their help from national medical services. However, she inherited an economy in crisis, double-digit inflation, rising energy prices and the Bank of England’s warning of a protracted recession by the end of the year.
Now workers across the economy are on strike. Its plan to restore growth due to taxes decreases, at the same time, for energy about $ 100 billion ($ 116 billion), which provokes financial markets, which makes investors over the last weeks of pounds and receives government bonds.Since 2011, the cost of debt has increased ten years ago, but two years of profit were low, and economists have noticed that economists have increased energy prices of the highest inflation time.
“I know we have what it takes to overcome these challenges. Of course, it won’t be easy, but we can do it,” Truss said.
I will act today and I will act every day to do that. Together with our allies, we will defend freedom and democracy around the world, recognizing that there is no security at home without security abroad.” US President Joe Biden was one of the first to congratulate Truss.
He wrote on Twitter: “I look forward to deepening the special relationship between our countries and working closely on global challenges, including continuing to support Ukraine in its defense against Russian aggression.”