The News DietThe News Diet
    What's Hot

    Why Seafaring Remains Unattractive To Females – Shipping Experts

    May 29, 2023

    Short term loans: Quick fix for MSME financing

    May 27, 2023

    LASEPA Calls For Reduction Of Vehicular Noise In Lagos

    May 25, 2023

    Subscribe to Updates

    Get the latest efficient and accurately analysed news from The News Diet.

    Facebook Twitter Instagram
    Tuesday, May 30
    Facebook Twitter Instagram
    The News DietThe News Diet
    • Home
    • News
    • Editorial
      • The Verdict
      • Interviews
      • Special Report
    • Maritime

      Why Seafaring Remains Unattractive To Females – Shipping Experts

      May 29, 2023

      Maritime Editors Plan Appreciation Dinner For Sambo, Adegoroye

      May 25, 2023

      Book Launch: AMN To Unveil Maritime Roadmap For Tinubu’s Administration

      May 23, 2023

      Marine Surveyors Address Scarcity Of Professionals With 50 New Graduates

      May 23, 2023

      OMIS Opens 2023 Nominations To Honour Maritime Professionals

      May 23, 2023
    • Business
    • Politics

      Tribunal: Atiku, Obi Legal Battle With Tinubu Begins On Tuesday

      May 24, 2023

      Supreme Court Affirms Adeleke As Osun Governor

      May 9, 2023

      Judicial Proceedings: How Ekweremadu, Wife Ended In Jail

      May 6, 2023

      Darlington Ofor Congratulates Enugu Governor-elect ‘Peter Mbah’

      April 3, 2023

      2023 Presidency: Atiku, Obi To Challenge Tinubu’s Victory In Court

      March 3, 2023
    • Sports

      Osimhen Leads Napoli To First Serie A Title In 33 Years

      May 5, 2023

      Iwobi Rescues Point For Toffees, Ends 7-month Goal Drought

      May 2, 2023

      Mbappe Eyes PSG’s All-Time Top Scorer Record

      March 3, 2023

      Flying Eagles beat Uganda, qualify for FIFA U-20 World Cup

      March 3, 2023

      Flying Eagles Battle Young Pharaohs For Survival In Cairo

      February 22, 2023
    • Photo Diet

      2023: ANLCA, APFFLON Presidents Ponder Headway For Freight Forwarding Sector

      January 13, 2023

      Sambo, Lai Mohammed Discuss National Issues At Transport Ministry Headquarters

      November 1, 2022

      Sambo Felicitates With NIMASA DG ‘Jamoh’ On OFR Honours

      October 12, 2022

      St Augustine’s Anglican Church Youths Visit Lagos Ports Complex

      September 15, 2022

      NCAC Presents Partnership-That-Works Award To Governor Sanwo-Olu

      July 14, 2022
    • Lifestyle

      OMIS Awards Labeled Africa’s Maritime Oscars

      September 26, 2022

      NATOP, NCAC Deepen Collobaration To Develop Tourism Sector

      September 23, 2022

      Tallen, Haastrup, Ajani, Others Set For 2022 MMS Hall of Fame Induction

      September 22, 2022

      Vee Tops Voting Table As NIMA Unveils 30 Contestants As Housemates

      September 4, 2022

      INAC Expo: Prof Bakut, Yahuza To Discuss Culture As National Development Tool

      August 19, 2022
    • Contact
    The News DietThe News Diet
    Home » Britain’s 3rd Female Prime Minister ‘Liz Truss’ Promises Bold Reforms
    News

    Britain’s 3rd Female Prime Minister ‘Liz Truss’ Promises Bold Reforms

    Kenneth JukporBy Kenneth JukporSeptember 6, 2022Updated:September 6, 2022No Comments47 Views
    Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    Britain's 3rd Female Prime Minister 'Liz Truss' Promises Bold Reforms
    Newly elected Prime Minister of the United Kingdom, Liz Truss
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Liz Truss yesterday emerged as the third female Prime Minister of the United Kingdom (UK), after Theresa May and Margaret Thatcher.

    Truss succeeds Boris Johnson who resigned his appointment as PM in July over a series of scandals.

    She is also the Conservative Party Leader and was able to gather 81,326 votes to beat her rival, former Finance Minister Rishi Sunak who had 60,399 votes.

    Before her emergence as Prime Minister, Truss was the Secretary of State for Foreign, Commonwealth and Development Affairs.

    She will formally take office today after Johnson tenders his resignation to Queen Elizabeth II.

    Liz Truss pledged action to tackle the crisis in a short victory speech at a conference center in London.

    According to the CNN, without offering details, Truss promised a “bold plan” to cut taxes and build economic growth, and, “deliver on the energy crisis, dealing with people’s energy bills but also dealing with the long-term issues we have on energy supply.”

    Yesterday’s announcement ended weeks of bitter campaigning during which Sunak, the former Chancellor of the Exchequer (finance minister), accused the Foreign Secretary of risking a prolonged recession if she goes ahead with her promised tax cuts.

    Once Johnson formally resigns his post to the Queen today, Truss would also visit the monarch at her Scottish residence Balmoral, where, as leader of the largest party in parliament, she will be invited to form a government.

    Truss had been the frontrunner for weeks, and the 47-year-old will now follow Margaret Thatcher and Theresa May to become Britain’s third female premier.

    Despite voting to remain in the European Union back in 2016, she had found herself to be the preferred candidate of the vast majority of Brexiteers in her party.

    Her victory was smaller than expected, Conservatives who supported both candidates are privately admitting. It had been predicted by many that her margin of victory would be larger than the 18 percentage points announced on Monday afternoon.

    In terms of her premiership, this could mean that she cannot run roughshod over her MPs, who voted in greater numbers for Sunak than Truss in the parliamentary part of this leadership contest.

    Truss could find that she has to accommodate a wider range of views from her party, which could mean embracing Sunak’s ideas for helping Britons with the cost-of-living crisis and a less aggressive approach to tax cuts — especially corporation tax.

    Many Conservative MPs are privately worried that Truss’s modern-day Thatcherism could cost them the next election and will be leaping on the surprisingly low margin of victory to encourage the next PM to soften her economic stance.

    The opposition Labour Party immediately dismissed her arguments, saying in a statement, “after years serving in Tory cabinets, nodding through the decisions that got us into this mess, Liz Truss simply doesn’t have the answers to this crisis.”

    Throughout her political career, especially during the leadership contest, Truss has been compared to Thatcher, who, for many on the right, remains the benchmark for Conservative leaders. She was a tax-cutting, hard-nosed leader who took on the unions and played a large role in ending the Cold War. Like Thatcher, Truss has come from relatively humble beginnings to dominate a world inhabited largely by men.

    Analysts were skeptical that Truss’s tax-cutting policies would do much help citizens, especially after a decade of austerity policies.

    The Institute for Fiscal studies, an independent research group focusing on public finances, said last month that the leadership contestants, who were both promising tax cuts and smaller government spending, “need to recognise this even greater-than-usual uncertainty in the public finances.”

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    LASEPA Calls For Reduction Of Vehicular Noise In Lagos

    May 25, 2023

    Experts Demand More Accountability In Defense, Security Sectors

    May 25, 2023

    Japa Syndrome. UK Bars Nigerian Students, Others From Bringing Family

    May 24, 2023

    Leave A Reply Cancel Reply

    Latest Post
    Maritime

    Why Seafaring Remains Unattractive To Females – Shipping Experts

    May 29, 2023

    …puncturing the gender bias in seafaring globally Amid calls for gender parity in the global…

    Short term loans: Quick fix for MSME financing

    May 27, 2023

    LASEPA Calls For Reduction Of Vehicular Noise In Lagos

    May 25, 2023

    Experts Demand More Accountability In Defense, Security Sectors

    May 25, 2023

    Maritime Editors Plan Appreciation Dinner For Sambo, Adegoroye

    May 25, 2023

    Tribunal: Atiku, Obi Legal Battle With Tinubu Begins On Tuesday

    May 24, 2023

    Editorial Picks

    Why Seafaring Remains Unattractive To Females – Shipping Experts

    May 29, 2023

    Maritime Editors Plan Appreciation Dinner For Sambo, Adegoroye

    May 25, 2023

    Book Launch: AMN To Unveil Maritime Roadmap For Tinubu’s Administration

    May 23, 2023

    Marine Surveyors Address Scarcity Of Professionals With 50 New Graduates

    May 23, 2023

    Subscribe to News

    Get the latest efficient and accurately analysed news from The News Diet.

    Advertisement
    Demo
    Stay In Touch
    • Facebook
    • Twitter
    • Instagram
    • YouTube
    Latest Post
    Maritime

    Why Seafaring Remains Unattractive To Females – Shipping Experts

    May 29, 2023

    …puncturing the gender bias in seafaring globally Amid calls for gender parity in the global…

    Short term loans: Quick fix for MSME financing

    May 27, 2023

    LASEPA Calls For Reduction Of Vehicular Noise In Lagos

    May 25, 2023

    Experts Demand More Accountability In Defense, Security Sectors

    May 25, 2023

    Maritime Editors Plan Appreciation Dinner For Sambo, Adegoroye

    May 25, 2023

    Tribunal: Atiku, Obi Legal Battle With Tinubu Begins On Tuesday

    May 24, 2023

    About Us:

    The News Diet is a credible newsblog managed by JUKKEN Consults Limited, a media organization and public relations consulting outfit.

    JUKKEN Consults is also focused on Brand Management, Media Buying, Print Production, etc. The outfit has an impressive track-record of executing media campaigns and projects for high profile clients across various sectors of Nigeria’s economy.

    We also operate a waste recycling/ eco-promotional company, Golden Debris.

    Facebook Twitter Instagram Pinterest YouTube
    Top Insights

    Why Seafaring Remains Unattractive To Females – Shipping Experts

    May 29, 2023

    Short term loans: Quick fix for MSME financing

    May 27, 2023

    LASEPA Calls For Reduction Of Vehicular Noise In Lagos

    May 25, 2023

    Experts Demand More Accountability In Defense, Security Sectors

    May 25, 2023
    Get Informed

    Subscribe to Updates

    Get the latest efficient and accurately analysed news from The News Diet.

    © 2023 All right reserved. The News Diet.
    • Home

    Type above and press Enter to search. Press Esc to cancel.