The result will come as a surprise to many, even in the UK, who are unlikely to have heard much of Liz Truss before she emerged as a front runner for the party leadership.
Truss ran her campaign on a platform of tax cuts and government assistance for issues such as the sky high energy prices currently plaguing the country. She's expected to announce measures in the coming days, but it's her stance on the UK's financial sector that has the attention of analysts.
London pubs and clubs 'face bigger crisis than during Covid'
One pub in London, which had an annual energy bill of £31,000 in 2021, saw that increase to £86,000 at the start of this year, while a fixed-rate contract would cost "10 times the amount" if it were taken out today.
Amy LamΓ©, the City Hall-appointed "Night Czar", said "We urgently need the Government to step up and take action with a package of support to help tackle rising costs and help bring businesses back from the brink."
OPEC+ agrees small oil production cut | Reuters
The logo of the Organization of the Petroleum Exporting Countries (OPEC) is pictured at its headquarters in Vienna, Austria, August 21, 2015. REUTERS/Heinz-Peter Bader
LONDON, Sept 5 (Reuters) - OPEC and its allies led by Russia on Monday agreed a small oil production cut to bolster prices that have slid on fears of an economic slowdown.
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London, Sept.
DEEPCHARGE and CEO YOUSOF NADERI WIN 2022 STEVIE® AWARD IN 2022 INTERNATIONAL BUSINESS AWARDS® - ...
BOSTON , Sept. 6, 2022 /PRNewswire-PRWeb/ -- DeepCharge and CEO Yousof Naderi were named the winner of a Bronze Stevie® Award in the Thought Leader of the Year For Business Products category in The 19th Annual International Business Awards® today.
The International Business Awards are the world's premier business awards program. All individuals and organizations worldwide – public and private, for-profit and non-profit, large and small - are eligible to submit nominations.
Liz Truss will be the UK's new prime minister after beating Rishi Sunak in the race to lead the Conservative Party https://t.co/cmTXY9KJBm BBCBreaking (from London, UK) Mon Sep 05 11:43:54 +0000 2022
Congratulations @trussliz on your new role as Prime Minister. Right now, we need good, empathetic, speedy, responsi… https://t.co/VH8p7HKv4D MartinSLewis (from IG @martinlewismse ) Mon Sep 05 11:38:31 +0000 2022
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