Prime Minister Liz Truss entered office with the less-than-ideal backdrop of a cost of living crisis and war in Ukraine. The economic turmoil her government has waged is already creating more problems for her.
Truss and Chancellor Kwasi Kwarteng laid out their plan for growth, outlining tax cuts and policies that have led to the pound falling against virtually all the world’s currencies, and are likely to fuel the cost of living crisis, according to the IMF.
With a 71-seat majority, Truss has the power to comfortably pass a range of legislation ahead of the next election, however controversial. But her actions are already generating discomfort and even dissent within Conservative ranks.