Liz Truss is the UK’s new Prime Minister and she will deliver a ‘bold plan’ to cut taxes and tackle the energy crisis

Liz Truss has been announce as the winner in the Tory leadership race and she will now officially take over Boris Johnson as the new British Prime Minister.

On Tuesday Truss will travel to Balmoral to visit Her Majesty the Queen where she will be asked by the Monarch to form a government.

The chairman of the 1922 Committee Sir Graham Brady announced the result at 12:30 on Monday afternoon as she had secured 81,326 votes to Rishi Sunak’s 60,399.

Read more related news:

Liz Truss vows to act ‘immediately’ and will help millions ‘within a week’ with their ‘energy bills’ if she is elected as PM

Businesses are calling for tax cuts with reversals of the proposed increase in corporation tax rate and the rise in National Insurance

How rich is the new British Prime Minister Liz Truss?

Here’s the reaction from the property industry to Liz Truss becoming new Prime Minister

Truss said, it is an “honour to be elected” as the new Prime Minister and she thanked her party for organising “one of the longest job interviews in history.”

Truss has said that she will deliver a “bold plan” to cut taxes and “We all will deliver for our country, and I will make sure that we use all the fantastic talents of our Conservative Party.”

Truss said that, “We will deliver, we will deliver, we will deliver – and we will deliver a great victory for the Conservative Party in 2024.”

The former Prime Minister Theresa May wrote on Twitter, “We @Conservatives must now work together to address the challenges facing our country.

“Tackling the cost of living, delivering for those in need & managing the public finances responsibly. I look forward to supporting the government in that task.”

The Labour leader Sir Keir Starmer, that Truss is “out of touch” and “not on the side of working people.

He said, “We’ve heard far more from the latest prime minister about cuts to corporation tax over the summer than we have about the cost of living crisis.”

He added: “She needs to deal with the fact the NHS is on its knees. She needs to deal with the collapse of law and order and that can be no justification for not freezing energy prices.

“There’s a political consensus that needs to happen.

“She needs to answer the question – How is she going to pay for that?

“Labour made clear it needs to be a windfall tax on oil and gas companies, so she needs to show that she actually understands and can meet the challenges that are there after 12 years of failure of this Tory government.”