New UK PM Liz Truss vows to tackle energy crisis in first speech
7 September, 2022 | Pravina Srivastava
In her maiden speech as the next Prime Minister of the United Kingdom, Liz Truss quickly addressed the massive challenge she had before her in the face of mounting demand to rein in inflation, calm...
In her maiden speech as the next Prime Minister of the United Kingdom, Liz Truss quickly addressed the massive challenge she had before her in the face of mounting demand to rein in inflation, calm labour unrest, and improve a healthcare system beset by lengthy waiting lists and a lack of personnel.
On the steps of 10 Downing Street, Truss told reporters, “I will deal with the energy catastrophe brought on by Putin’s conflict.” She cited Russia’s invasion of Ukraine as the cause of the world’s current energy problem.
Truss also emphasised how the crisis in Ukraine and Russia poses a danger to energy prices that would force company closures and leave the nation’s poorest citizens suffering in frigid homes this winter.
She added, this week, I’m going to do something about my energy expenses and make sure we have enough energy for the future.
Additionally, Truss claimed to have a “bold strategy” to expand the economy through tax cuts and legislative changes that would “promote business-led development and investment.”
According to British news outlets, Truss, who refused to outline her energy policy during the two-month race to succeed Boris Johnson, now proposes to control energy prices at a cost to taxpayers of up to 100 billion pounds (USD 116 billion). On Thursday, she’s anticipated to reveal her strategy.
The third priority highlighted by the previous foreign secretary was improving health care. In conclusion, Truss said, “I’m certain that together we can weather the storm, rebuild the economy, and we can become the contemporary great Britain that I know we can be.”
After taking office as prime minister, Truss is now naming her new cabinet. According to UK-based media, Suella Braverman has been named Home Secretary, Kwasi Kwarteng has been named Chancellor, and James Cleverly has been named Foreign Secretary.