The many challenges facing Liz Truss – now including a regicide-savvy party


from the worst Cost of living With a generational crisis to public services simply not working, the Truss must fill a gaping hole with a sluggish economy and promises not to introduce new taxes.

And she has to do it while leading a bitterly divided Conservative Party with no guarantees of supporting her vision for the country.

Inflation topped 10% in July First time in 40 years. It was caused by rising energy and food costs. The average household utility bill has already risen 54% this year and is expected to rise further.

This is bad news not just for homes, but also for the businesses the government had to bail out during the pandemic, many of which simply can’t pay their bills and are forced to close without assistance. prize.

poor economy

Exacerbating Truss’ predicament is the fact that Britain is doing well because of the recession By the end of the year, according to the Bank of England. GDP fell by 0.1% in the second quarter of this year, and analysts believe the country will enter a technological recession in the third quarter.

And on Monday, in a sign of serious challenges ahead, the British pound recovered slightly after falling 0.3% against the US dollar to its lowest level since 1985.

Public services collapsing

Many things seem to be failing in the UK right now. Wait times for medical care are the longest in recent history. This is partly because the pandemic has put a heavy strain on the National Health Service, but also because of staff shortages and underfunding. says the British Medical Association.

Social care, schools, universities and local governments have similar staffing and funding issues.

strike

Transport workers, journalists, lawyers, waste workers and postal workers are still on strike this year. In many cases, union bosses have accused the government of failing to meet their demands and break the impasse.

These strikes will have clear ramifications for productivity and economic growth. This is something Truss has promised to improve in its economic plan.

international headache

Of course, Truss will also take office in the complicated world situation. Ukraine is still under Russian aggression and China still threatens Taiwan. And then there’s the Brexit turmoil that’s causing major problems both in the UK and abroad.

Truss, who served as secretary of foreign affairs until he took up his new job, is well aware of these issues, but his hard-line stance with Europe and hawkish stance on becoming prime minister means more diplomacy than his current role often shows. You may find that you need Both in Russia and China.

her own member of parliament

Arguably, the greatest danger for Truss comes from her own Conservative MPs, who are now fairly savvy with regicide. She hasn’t, and colleagues in Congress are confident she has the answer.

Privately, some say she may be forced to resign before the next election. This means the Conservative Party will have five of her leaders since taking office in 2010.

As Conservative MPs reached the final round of voting, Truss came in second to rival Rishi Sunak before putting the final two candidates into the party. Many MPs believe she is simply unfit for the job and that her aggressive campaign has alienated even some of the most loyal Conservatives.

If she fails to impress them in the coming weeks, Truss could find the support for her plan that Congress lacks.

Source: www.cnn.com

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