The new government of Liz Truss is focusing in long-term gas deals with Norway, Qatar and other countries, as energy supply has become the priority of the United Kingdom and ensuring heating and lights this winter.
The shockwaves from the mini-budget presented by Prime Minister Liz Truss and her Chancellor of the Exchequer Kwasi Kwarteng are still reverberating in the markets and politically more damaging, among members of the ruling Conservative party.
By Gwynne Dyer – “The Queen’s final act of service to the nation was to selflessly buy the economy one last fortnight,” said one tweet when all four wheels finally came off the British economy.
UK Defense Secretary Ben Wallace has announced that the government of Prime Minister Liz Truss intends to increase military spending up to to 3% of the country's Gross Domestic Product, per the Conservative leader's campaign promises, it was reported.
United Kingdom prime minister Liz Truss and US president Joe Biden held bilateral talks on the sidelines of the United Nations annual Assembly with special emphasis on the Good Friday Agreement that helped to end decades of conflict in Northern Ireland.
Britain's newly-appointed Prime Minister Liz Truss Tuesday vowed to weather the “the storm” the country is going through and appointed her new cabinet for that task.
On Monday 5 September 2022, it was announced that the Rt Hon Liz Truss MP had been elected the new leader of the Conservative Party, following the resignation of Boris Johnson MP and subsequent leadership election.
Foreign Secretary Liz Truss beat former Chancellor of the Exchequer Rishi Sunak by 81,326 votes to 60,399 and will thus become the British Conservative Party's New Leader who is to be appointed Prime Minister Tuesday by Queen Elizabeth II in Balmoral Castle.
Tory leader candidate and good chances of becoming the next British prime minister, Liz Truss would prioritize tax cuts over giving direct payments to every household to help cover the cost of rising energy bills. Reports suggest Ms Truss is considering cutting VAT across the board by 5%.
French president Emmanuel Macron, on a visit to Algeria, took time to comment on remarks from the most serious candidate to become the next British Prime Minister, Liz Truss, and said he would not for a second hesitate to say the United Kingdom is a friend of France, despite its leaders or minor mistakes.