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Reuters
Reuters
Business
By William James, Kate Holton and Elizabeth Piper

Britain's new PM Truss vows to ride out economic storm

Liz Truss Boris Johnson Britain Queen Elizabeth II Conservative Party Phil Noble Scotland
New British Prime Minister Liz Truss delivers a speech outside Number 10 Downing Street, in London, Britain September 6, 2022. REUTERS/Henry Nicholls

Liz Truss took over as Britain's prime minister on Tuesday, vowing immediate action to tackle one of the most daunting set of challenges for an incoming leader in post-War history led by soaring energy bills, looming recession and industrial strife.

Truss, the fourth Conservative prime minister in six years and successor to Boris Johnson who was forced out over multiple scandals, acknowledged the severe global headwinds from Russia's invasion of Ukraine and the COVID-19 pandemic.

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