UK: If the British foreign minister, Liz Truss, is confirmed as the next prime minister this week as expected, she will announce on Sunday that she will take immediate action to address rising energy prices and expand energy supplies.
On the eve of the new prime minister's announcement, Truss, in an article in The Telegraph newspaper, reiterated his promise to be courageous in dealing with the UK economy, which is battling double-digit inflation and in recession.
Truss wrote in her letter that she would "take decisive action to ensure families and businesses get through this winter and next" and she understood "how challenging the cost of living crisis is for everyone."
Upon being elected, I would like to outline our immediate action with respect to energy costs and supplies within the first week of our new administration, she wrote.
"My chancellor will follow up with a financial program later this month as well as a major package of economic action,"
It announced that its strategy would consist of two parts: a plan to spur economic growth and prompt action to address the rising cost of living crisis. She will also appoint a council of economic advisors, to get the "best idea" on how to bolster the economy.
To make sure we don't get into this situation every autumn and winter, we must make challenging decisions. It will not work to bandage the problem and make it go away. He wrote, I am ready to make the difficult choices necessary to restore our economy.
Truss, who defeated former finance minister Rishi Sunak on Monday, is expected to be named the new leader of the ruling Conservative Party and thus Britain's new prime minister. After a string of scandals, Johnson was forced to resign by his own party.
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