New UK PM Truss faces energy crisis, recession, EU tensions

Euractiv | Sep 5, 2022 at 6:35 PM
  • Liz Truss has become the new UK prime minister after the Conservative leadership contest to replace Boris Johnson confirmed her as his successor on Monday (5 September), against the backdrop of growing political and economic problems.
  • Despite originally campaigning for the UK to stay in the EU at the 2016 referendum, and having been a student leader for the pro-European Liberal Democrats while at university, Truss has emerged as one of the most enthusiastic advocates of Brexit, and comes from the right of the Conservative party.
  • Truss takes over an economy on the brink of a recession that the Bank of England has forecast could last for a year, and will be under pressure to quickly introduce new measures to help people cope with energy prices which have increased by 80% this year.