Skip to content
Search

Latest Stories

Truss promises immediate action on energy if appointed PM

She said her approach would be two-fold – immediate action to tackle the cost of living crisis and a plan to deliver economic growth.

Truss promises immediate action on energy if appointed PM

British foreign minister Liz Truss said on Sunday (4) she would set out immediate action to tackle rising energy bills and increase energy supplies if she is, as expected, appointed prime minister this week.

Writing in the Sunday Telegraph newspaper on the eve of the announcement on who will replace Prime Minister Boris Johnson, Truss repeated her pledge to be bold in tackling Britain's economy, which is struggling with double-digit inflation and is facing recession.


Saying she understood "how challenging the cost of living crisis is for everyone", Truss wrote that she would take "decisive action to ensure families and businesses can get through this winter and the next".

"If elected, I plan within the first week of my new administration to set out our immediate action on energy bills and energy supply," she wrote.

"A fiscal event would follow later this month from my Chancellor, with a broader package of action on the economy."

She said her approach would be two-fold - immediate action to tackle the cost of living crisis and a plan to deliver economic growth. She would also appoint a Council of Economic Advisers to get "the best ideas" on how to boost the economy.

"We need to take the difficult decisions to ensure we are not in this position every autumn and winter. Sticking plasters and kicking the can down the road will not do. I am ready to take the tough decisions to rebuild our economy," she wrote.

Truss is widely expected to be named as the new leader of the governing Conservative Party and thus Britain's new prime minister on Monday, beating her rival, former finance minister Rishi Sunak. Johnson was forced to resign by his own party after a series of scandals.

(Reuters)

More For You

UK weather warning as heavy rain

The warning covers a wide area, including popular holiday destinations

Getty

UK weather warning as heavy rain forecast for Western England and Wales

A yellow weather warning has been issued for heavy rain across western England and the whole of Wales, raising the risk of localised flooding and travel disruption just as the school holidays begin and the Easter weekend draws near.

The Met Office warning comes into effect at midday on Tuesday and will remain in place for 24 hours. Forecasters have warned of the potential for flooded homes and businesses, power cuts, and delays to public transport.

Keep ReadingShow less
Craig-Williams-Getty

Craig Williams had previously apologised for placing a £100 bet on a July election date but did not confirm whether he had prior knowledge of the timing. (Photo: Getty Images)

Former Sunak aide, Tory officials charged over 2024 election betting

FIFTEEN individuals, including a former aide to ex-prime minister Rishi Sunak, have been charged in connection with alleged betting offences related to the timing of the 2024 general election, the Gambling Commission said on Monday.

Craig Williams, who served as Sunak’s parliamentary private secretary and was a candidate in the 2024 election, is among those charged.

Keep ReadingShow less
tulip-siddiq-getty

Siddiq stepped down as the economic secretary to the treasury in January this year. (Photo: Getty Images)

Tulip Siddiq denies Bangladesh corruption charges after arrest warrant

LABOUR MP Tulip Siddiq has denied corruption allegations after reports emerged that Bangladesh’s Anti-Corruption Commission (ACC) had issued an arrest warrant against her. Siddiq is the niece of Sheikh Hasina, Bangladesh’s former prime minister who was deposed in August.

Siddiq stepped down as the economic secretary to the treasury in January this year. At the time, she said her family connections were becoming a “distraction” to prime minister Keir Starmer’s government.

Keep ReadingShow less
Starmer-Getty

Starmer said his Labour government would continue to stand with British Sikhs and called them a symbol of pride in the country’s multiculturalism and a force 'against bigotry'. (Photo: Getty Images)

Starmer thanks British Sikhs for their contributions in Baisakhi message

PRIME MINISTER Keir Starmer marked Baisakhi with a message from 10 Downing Street on Sunday, thanking British Sikhs for their contributions to the UK across different sectors.

Earlier this week, Starmer hosted a special reception to celebrate the festival, which marks the birth of the Khalsa. He also shared a video on social media showing scenes from the festivities.

Keep ReadingShow less
Jonathan-Reynolds-Getty

'Free and open trade grows economies, lowers prices and helps businesses to sell to the world, which is why we're cutting tariffs on a range of products,' said business and trade secretary Jonathan Reynolds.

Government reduces tariffs on food and everyday products

THE UK government has announced temporary cuts to import tariffs on nearly 90 products, including items such as pasta, fruit juices and spices. The move is aimed at reducing prices for businesses and boosting economic growth.

The Department for Business and Trade (DBT) said the UK Global Tariff will be suspended on 89 products until July 2027. The changes are expected to save UK businesses around GBP 17 million a year.

Keep ReadingShow less