6 September 2022 - Truss becomes Prime Minister
Beyond Currency - A podcast by CurrencyTransfer

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Liz Truss was voted in as the new Leader of the Conservative Party when the result of the poll was announced yesterday. She received 57% of the vote, comfortably beating her rival Rishi Sunak. Despite her margin of victory being decisive, the race was close that had been predicted by opinion polls. In fact, it was less decisive than either Boris Johnson’s or David Cameron’s. Today, Boris Johnson will officially resign as Prime Minister and Truss will be invited by the Queen to form a government. The announcement of her Cabinet will then begin, with the most senior posts announced later this afternoon. One person who will not be a member of Truss’ first Cabinet will be Johnson Loyalist, Priti Patel, who resigned yesterday and decided to return to the back benches. She wouldn’t have been retained in her role as Home Secretary, so in fact jumped before she was pushed. Once her ceremonial duties are out of the way, she will immediately begin to tackle an economy which is overflowing with issues that require her immediate attention, as well as that of her new Ministers.