LONDON — Liz Truss is set to take office Tuesday as Britain's new prime minister to steer the country through an acute cost-of-living crisis. Her selection was announced Monday after a leadership election by the Conservative Party.
The current foreign secretary beat Rishi Sunak, the government’s former Treasury chief, in the vote among the party's dues-paying members.
Truss faces immediate pressure to deliver on her promises to tackle the economic crisis walloping the U.K. She said after her election that she would deliver on dealing with not just people's energy bills but also long-term supply issues.
Queen Elizabeth II is scheduled to formally name Truss as prime minister in a ceremony at the queen's Balmoral estate in Scotland.
