British Secretary of State Liz Truss looks to be an increasingly strong favorite to overcome British Member of Parliament Rishi Sunak to replace Boris Johnson as British Conservative Party leader and prime minister.
Her next target to convince would be the British civil service.
The 47-year-old has promised to start cutting taxes immediately if she turns her wide polling lead into a victory over Sunak when the governing Conservatives announce their next leader on Sept. 5.
Truss has brushed off concerns about surging inflation and public debt to pin the blame for the UK’s lackluster performance on the stale thinking of the economic
Rishi Sunak once again came out on top in the fourth round of voting in the UK PM race, albeit with a narrowed lead. As opponents Penny Mordaunt and Liz Truss close the gap, here's why the Indian-origin MP should be worried.
Rishi Sunak, the frontrunner in the race to succeed Boris Johnson as leader of the Conservative Party and Britain’s next prime minister, said there are “challenging” times ahead for the economy as he refused to put a timetable on when he could cut taxes.
In an interview with BBC Radio 4 yesterday, the former British chancellor of the exchequer insisted he was right to only promise tax cuts once inflation is under control, in contrast to Conservative leadership rivals including British Secretary of State for Foreign, Commonwealth and Development Affairs Liz Truss, who have vowed to slash taxes from day one.
Truss
The extent to which debates in London over relations with the EU have remained fixed where they were in 2016 is remarkable. The result is a consensus that is not anchored in geopolitical and economic realities, but rather based on two strategic fallacies about the impact of European integration on the EU’s neighborhood.