Future Timeline

Liz Truss will become UK's next prime minister after beating Rishi Sunak in race to succeed Boris Johnson

Monday 5 September 2022 12:51, UK

Liz Truss will become the next prime minister after defeating Rishi Sunak in the Conservative Party leadership contest.

Ms Truss, who was the favourite to win the contest, will succeed Boris Johnson on Tuesday and become the nation's third female leader.

She secured 81,326 votes (57%) to Mr Sunak's 60,399 (43%).

It means she won by a comfortable majority, though it was tighter than some had expected.

Ms Truss said it is an "honour to be elected" as she thanked her party for organising "one of the longest job interviews in history".

https://news.sky.com/story/liz-truss-wi ... n-12686742

Dizzy Lizzy becomes our fourth PM within 6 years.

Two things that don't go together.

Liz Truss - live updates: Liz Truss naming cabinet as big names confirm departure

Politics Hub brings you the latest political news, insight and analysis from the Sky News team in Westminster. Liz Truss is naming her cabinet - Kwasi Kwarteng is chancellor, Therese Coffey is health sec and deputy PM, James Cleverly is foreign sec and Suella Braverman is home sec.

https://news.sky.com/story/liz-truss-pr ... n-12593360

This says it all about Truss's cabinet of horrors.

wjfox wrote: ↑Tue Sep 06, 2022 8:45 pm

Highly unlikely, i would know him he would ban or make renewables really expensive.

Pound falls to lowest level against dollar since 1985

By Lora Jones
Business reporter, BBC News

7 minutes ago

The pound has plummeted to its lowest level against the US dollar since 1985.

Sterling fell 0.64% to $1.145 on Wednesday afternoon - a level not seen in 37 years.

This is partly because the pound has been hit by a weaker outlook for the UK economy, as well as a strong dollar, the Bank of England says.

The Bank also warned that little can be done to stop the UK falling into a recession as the war in Ukraine continues.

Its governor, Andrew Bailey, said it would "overwhelmingly be caused by the actions of Russia and the impact on energy prices".

It expects the economy to shrink in the last three months of 2022 and keep shrinking until the end of 2023.

https://www.bbc.co.uk/news/business-62817391