Liz Truss

Truss is facing Rishi Sunak, the government's former Treasury chief, in the contest to become Conservative Party leader.

Truss is facing Rishi Sunak, the government's former Treasury chief, in the contest to become Conservative Party leader and so prime minister. Goldman Sachs has estimated that inflation could soar to 22% by next year unless something is done to mitigate high energy prices. She stressed, however, that she understands the magnitude of the problems facing Britain.

The Tory leadership favourite says she would act immediately on bills - but gives no further details.

But she added: "To look at everything through the lens of redistribution I believe is wrong. And what's happened is we've had relatively low growth". He also said he couldn't rule out the prospect of blackouts over the winter to ration supplies, as the situation was "serious" and "every tool in the toolbox" would be needed. Pressed on whether richer people would benefit more from the cut, she said: "The people at the top of the income distribution pay more tax - so inevitably, when you cut taxes you tend to benefit people who are more likely to pay tax." She added that further support would need to go "hand in hand" with a plan to boost domestic energy supplies, arguing the UK had become too dependent on international energy prices. Speaking on BBC One's Sunday with Laura Kuenssberg, Foreign Secretary Ms Truss said action on energy bills would be "vital" for people and the economy.

If Liz Truss prevails in the race for the Conservative leadership, the 47-year-old will become Britain's third female prime minister. Her opponent Rishi Sunak ...

Rishi Sunak vs Liz Truss: The new leader will have a forbidding in-tray, with the UK facing a grim winter of surging inflation, recession and a record ...

At least 10 people were killed and 15 others have been injured in a series of knife attacks in the Canadian province of Saskatchewan, early morning on Sunday (local time). Brian Kemp declared a state of emergency Sunday afternoon in Chattooga and Floyd Counties, directing all state resources to help with “preparation, response and recovery activities.” The National Weather Service said rainfall of up to one inch per hour was causing creeks, streams, roadways and urban areas to experience unusually high levels of water. "We have located 10 deceased individuals in 13 locations in the community of James Smith Cree Nation and Weldon, Saskatchewan," Royal Canadian Mounted Police Assistant Commissioner Rhonda Blackmore told a news conference. Neither candidate boasts the charisma that Johnson deployed to such effect when spearheading the campaign for Brexit in 2016 and securing his party’s biggest majority since 1987 at the last general election. She’s also ruled out imposing any new windfall taxes on energy profits to finance help for households, even as a Treasury analysis estimates the sector generating as much as £170 billion of excess profits over the next two years. A period of governing paralysis over the summer, with Johnson in place but his administration holding off major decisions, has not helped. The contest to succeed Johnson became increasingly bitter in recent weeks, with senior Tories including Deputy Prime Minister Dominic Raab and former Cabinet minister Michael Gove disparaging Truss’s plans. He only entered Parliament in 2015 and had a dizzying ascent through the ranks to become chancellor in early 2020, just as the Covid-19 pandemic hit. Voting in the two-month contest closed on Friday, and a result is due to be announced at 12:30 p.m. But she’s refused to give specifics on how she’ll help pensioners and the lowest earners, who wouldn’t benefit from the National Insurance cut. That brought him to national prominence as he unrolled hundreds of billions of pounds of support to help businesses and workers through successive lockdowns. The winner will take power on Tuesday after the outgoing and incoming premiers have met with Queen Elizabeth II at Balmoral, her castle in Scotland.

Ahead of the results being announced, several reports suggested Ms Truss is strongly considering freezing energy bills to help households through the cost-of- ...

[Sir Keir Starmer](https://www.independent.co.uk/topic/sir-keir-starmer) at the dispatch box in the House of Commons for their first Prime Minister’s Questions at noon. Reports in The Daily Telegraph and The Times suggest that Ms Truss is likely to introduce an energy bills freeze in some form. The package could be on the sale of the furlough scheme introduced by then-chancellor Rishi Sunak when the Covid-19 pandemic struck, reported The Times. However, Brexit and his election success put him above May and Cameron, writes Sean O’Grady [Terms of use,](https://www.independent.co.uk/service/user-policies-a6184151.html) [Cookie policy](https://www.independent.co.uk/service/cookie-policy-a6184186.html) and [Privacy notice.](https://www.independent.co.uk/service/privacy-policy-a6184181.html) However, Brexit and his election success put him above May and Cameron, writes Sean O’Grady. [Privacy policy](https://policies.google.com/privacy?hl=en) and [Terms of service](https://policies.google.com/terms?hl=en) apply. “As parents battle rising costs of living, soaring childcare costs are making life ever harder for families,” she said. [Where does Boris Johnson stand in the pantheon of modern British prime ministers?](https://www.independent.co.uk/news/uk/politics/boris-johnson-prime-minister-uk-b2159346.html) [Kwasi Kwarteng](https://www.independent.co.uk/topic/kwasi-kwarteng), who is expected to be Britain’s next [chancellor](https://www.independent.co.uk/topic/chancellor), said [Liz Truss](https://www.independent.co.uk/topic/liz-truss) will not blow a hole in the public finances as he strived to reassure [markets](https://www.independent.co.uk/topic/markets) ahead of the results of the Tory leadership race. [When will the Tory leadership result be announced?](https://www.independent.co.uk/news/uk/politics/liz-truss-rishi-sunak-tory-leadership-result-vote-when-b2159333.html) [Conservative Party](https://www.independent.co.uk/topic/conservative-party) leadership race to replace [Boris Johnson](https://www.independent.co.uk/topic/boris-johnson) are scheduled to be announced in Westminster at 12.30pm by [Sir Graham Brady](https://www.independent.co.uk/topic/sir-graham-brady), chairman of the party’s [1922 Committee](https://www.independent.co.uk/topic/1922-committee) of backbenchers.

The UK will learn on Monday who will be its next prime minister, with Liz Truss the favourite to succeed Boris Johnson and take charge as the country ...

I mean, we're facing a genuine emergency. "We shouldn't rule anything out. She said Sunday she would "within a month present a full plan for how we are going to reduce taxes" and "get the British economy going". "If I'm elected prime minister, I will act immediately on bills and on energy supply," Truss told the BBC on Sunday, while declining to give details. Postal and online voting closed Friday after eight weeks of campaigning that Truss described to the BBC as "the longest job interview in history". The UK will learn on Monday who will be its next prime minister, with Liz Truss the favourite to succeed Boris Johnson and take charge as the country battles a spiralling cost-of-living crisis.

Talking to the BBC a day ahead of the Conservative leadership announcement, the foreign minister expected to succeed Mr Boris Johnson said: "If I'm elected ...

The announcement of the next party leader, who will become prime minister, will be made on Monday at 1130GMT (7.30pm Singapore time). British households are facing an [eye-watering 80-per-cent average hike in electricity and gas bills,](https://www.straitstimes.com/world/united-states/britons-to-face-shock-of-record-leap-in-energy-bills) in a dramatic worsening of the cost-of-living crisis before winter. Ms Truss's campaign has promised tax cuts but critics note those would do nothing to benefit the poorest. Queen Elizabeth II will then formally appoint Mr Johnson's successor on Tuesday. [ frontrunner in the race ](https://www.straitstimes.com/world/europe/liz-truss-tipped-to-prevail-as-uk-leadership-race-nears-end)to become the UK's next prime minister, Ms Liz Truss, vowed Sunday that if appointed she will present a plan to [tackle soaring energy bills](https://www.straitstimes.com/world/europe/liz-truss-plans-emergency-budget-without-checks-to-tackle-surging-energy-costs) within a week. Talking to the BBC a day ahead of the Conservative leadership announcement, the foreign minister expected to succeed Mr Boris Johnson said: "If I'm elected prime minister, I will act immediately on bills and on energy supply."

British foreign minister Liz Truss said on Sunday she would set out immediate action in her first week in power to tackle rising energy bills and increase ...

In the Telegraph, she said her approach would be two-fold - immediate action to tackle the cost of living crisis and a plan to deliver economic growth. I am ready to take the tough decisions to rebuild our economy," she wrote. "But let's hope that's not the case." She did not comment on the 100 billion pounds figure. It is a long and costly to-do list for the incoming leader who will replace Prime Minister Boris Johnson. Register now for FREE unlimited access to Reuters.com

After weeks of an often bad-tempered and divisive party leadership contest that pitted Truss against Rishi Sunak, a former finance minister, ...

First she will turn to the urgent issue of surging energy prices. Over that period the country has been buffeted from crisis to crisis, and now faces what is forecast to be a long recession triggered by sky-rocketing inflation which hit 10.1% in July. He was forced to announce his resignation in July after months of scandal.

LONDON: The United Kingdom will learn on Monday (Sep 5) who will be its next prime minister, with Liz Truss the favourite to succeed Boris Johnson and take ...

I mean, we're facing a genuine emergency. "We shouldn't rule anything out. Advertisement

Foreign Secretary Truss, who came in second in those ballots of Tory MPs, has since dominated the race among the wider party electorate who have been voting ...

Essential security briefings and handing over of nuclear codes are expected to also take place during the course of the day by senior officials. The rest of Monday will involve the winning candidate putting the final touches to his or her Cabinet posts. Since the launch of his campaign, he was a clear frontrunner for his parliamentary party colleagues who voted him through as a finalist in the race to succeed Johnson.

In today's newsletter: From forming a cabinet to countering Covid, how will the presumptive next prime minister get started?

[Sign up here](https://www.theguardian.com/world/2018/feb/12/the-upside-sign-up-for-our-weekly-email) for a weekly roundup of The Upside, sent to you every Sunday Meanwhile, [Brighton beat Leicester 5-2](https://www.theguardian.com/football/2022/sep/04/brighton-leicester-premier-league-match-report) to leave the visitors still bottom of the table. [has beaten defending champion and world No 1 Daniil Medvedev](https://www.theguardian.com/sport/2022/sep/05/nick-kyrgios-stuns-world-no-1-daniil-medvedev-to-reach-us-open-last-eight) to reach the last eight of the US Open. [Merope Mills’ piece](https://www.theguardian.com/lifeandstyle/2022/sep/03/13-year-old-daughter-dead-in-five-weeks-hospital-mistakes)for Saturday magazine about the preventable errors that led to the death of her daughter Martha is a staggering indictment of medical failure. [won a thrilling match against Arsenal 3-1](https://www.theguardian.com/football/2022/sep/04/manchester-united-arsenal-premier-league-match-report), with a goal from debutant Antony and two from Marcus Rashford. The Mail’s lead, about Joe Lycett’s appearance on Sunday with Laura Kuenssberg, is “Now BBC comic mocks Liz Truss” while in Scotland the Record leads with the verdict of Nicola Sturgeon on the Tory race: “Truss will be a disaster”. With pressure on NHS resources also likely to be elevated by an [especially acute flu season](https://www.theguardian.com/uk-news/2022/aug/09/what-are-the-impending-threats-to-the-nhs-this-autumn), Truss and her likely choice as health secretary Thérèse Coffey may come under pressure from medical and scientific advisers to act – but Truss has already ruled out further lockdowns, and [said that](https://www.theguardian.com/politics/video/2022/aug/25/conservative-party-hustings-covid-lockdown-went-too-far-say-truss-and-sunak-video) restrictions at the peak of the pandemic were too strict. [low personal favourability ratings](https://novaramedia.com/2022/08/30/voters-already-hate-liz-truss/) – and a winter of fuel poverty in the post. [she said in July](https://www.reuters.com/world/uk/ukraines-greatest-friend-uks-truss-pledges-more-support-kyiv-2022-07-28/). Truss appears to have little interest in conciliation: she has [promised to legislate within 30 days](https://www.theguardian.com/politics/2022/jul/25/liz-truss-pledges-crackdown-on-unions-but-is-accused-of-tory-fantasy) to restrict key workers’ legal rights to strike through so called “minimum service levels”. Once the immediate emergency is in hand – not that many observers expect that to be easily achieved – Truss told Kuenssberg that “we also need to sort out the supply issues”. On the same programme, Truss spoke in terms that indicated her awareness that she needs to hit the ground running in the midst of economic and energy crises as severe as any a new prime minister has faced in living memory.

The winner of the Tory leadership contest is revealed later - before becoming PM on Tuesday.

And the stakes are high, for voters are worried about their bills most of all. But also for the Conservative Party, worried about its future. [travel to Balmoral Castle in Scotland](https://www.bbc.co.uk/news/uk-62728328) to be appointed by the Queen, rather than at Buckingham Palace. That will include tax cuts and help for families and businesses. The original field of 11 contenders was whittled down to two in a series of Tory MP ballots, with the final pair going into a run-off to be decided by the membership, which stands at about 160,000. Mr Johnson was forced out in July by a ministerial revolt over a string of scandals, just over two-and-a-half years after leading the Tories to a landslide victory at the 2019 election. Ms Truss did not rule out a freeze on Sunday but has previously described the idea as a "sticking plaster" and argues more needs to be done to help the UK boost its domestic sources of energy. She said any further support would have to go "hand in hand" with efforts to boost nuclear energy, fracking for shale gas and more oil and gas drilling in the North Sea. On Sunday the foreign secretary declined to say whether further help would be universal or targeted at the most needy, saying she would need time in office to iron out the details of her plan. After weeks of talking to Conservative members, the new prime minister will have to start talking to the country immediately. Ms Truss is yet to offer details of her cost-of-living support plan beyond saying she will temporarily scrap green levies on energy bills and reverse the rise in National Insurance introduced during Mr Johnson's tenure. BBC News has been told that a menu of options has been worked up in Whitehall to help struggling households, including a freeze on energy bills.

47-year-old Liz Truss aims to become the third female prime minister of the UK while her opponent Rishi Sunak, 42 will make history by becoming the first ...

Rishi Sunak and Liz Truss are vying to replace Boris Johnson as UK's next Prime Minister. On Brexit, both the Tory leadership candidates vowed to reset the relationship between European Union (EU) and the UK. Notably, corporation tax, policing and ethics were the key highlights in the Conservative party hustings in Birmingham. I am ready to take the tough decisions to rebuild our economy," Truss said in a Saturday article for a UK-based media outlet, reported Sputnik. Thank you to all my colleagues, campaign team and, of course, all the members who came out to meet me and lend your support," wrote Rishi Sunak. However, Truss who is widely expected to take over from Boris Johnson as the next British prime minister seems to have less fan following.

Expected Tory winner again refuses to reveal details amid growing concerns about her plans to cut taxes.

“But I want to provide reassurance that this will be done in a fiscally responsible way. He said: “Families and businesses are feeling the impact across the United Kingdom and the world. “She’s clearly absolutely right that we’ve had dreadful growth over the last 15 years,” he told BBC Radio 4’s Today programme. Overnight, the [Times](https://www.thetimes.co.uk/article/truss-team-hold-talks-on-freezing-energy-bills-rlcq2t6c9) and [Daily Telegraph](https://www.telegraph.co.uk/politics/2022/09/04/liz-truss-could-freeze-bills-avoid-energy-armageddon/) reported that her team has been in talks about potentially doing this, although such help could be more targeted than Labour’s universal proposal. Writing in the FT, Kwarteng said the UK economy was suffering the impact of the invasion of Ukraine and of Covid. Liz Truss could introduce a price freeze for some energy bills, it has emerged, as the MP widely tipped to be her chancellor if she is announced as the new Conservative leader promised her government would be “bold”.

Latest updates: follow all the developments as the new leader of the Conservatives is elected.

But perhaps Truss is also nervous about confirming that her first act as PM will be to announce a freeze on energy bills – a policy proposed by Labour last month, and also championed by Gordon Brown (who was regularly cited by Truss during the campaign as representing the sort of economic policy she rejected). But she did not deny that she was considering this in her BBC interview yesterday, and in the papers this morning there are multiple reports saying that this is what she is planning. I try to monitor the comments below the line (BTL) but it is impossible to read them all. [Boris Johnson](https://www.theguardian.com/politics/boris-johnson) as prime minister after an audience with the Queen tomorrow, has seen that process inverted. But the Conservative party ballot, which will end today with Liz Truss all but certain to be chosen as the new leader, to replace When it was put to her that the rich would gain most from her plan to reverse the national insurance increase, Truss insisted her proposal was “fair”. And it’s essential that the political solutions that a government crafts, go with the grain of the laws of economics, because if you try and confront the laws of economics, you will come unstuck. (See [8.48am.)](https://www.theguardian.com/politics/live/2022/sep/05/liz-truss-pm-prime-minister-rishi-sunak-energy-bill-freeze-tory-conservative-leader-uk-politics-live-latest-updates?page=with:block-6315a6ac8f0891b09bc876e1#block-6315a6ac8f0891b09bc876e1) Here are the key points. Clifton-Brown, treasurer of the backbench 1922 Committee, said there should be a “rethink” of the timetable before the next contest. Given the severity of the crisis we face, there will need to be some fiscal loosening to help people through the winter. As prime minister, Liz will take immediate action if elected that will help people with the challenges we face in the coming months, and lay the groundwork for the change we need in the long term. And yes, the Treasury will ensure that politicians, however senior, are confronted with the realities of the economic facts of life.

Liz Truss, who is expected to be named as Britain's next prime minister on Monday, is considering freezing energy bills in response to the spiralling cost ...

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