Liz Truss wins Tory Leadership race

Liz Truss has been elected the new leader of the Conservative party and will become the next prime minister.

Truss won 57 per cent of the vote and will become Prime Minister tomorrow, after meeting the Queen in Balmoral.

Previously, Truss has worked as environment secretary under David Cameron, justice secretary under Theresa May and foreign secretary under Boris Johnson.

In her campaign, she pledged to start cutting taxes from day one, including scrapping the National Insurance increase that came into force in April and suspending green taxes from energy bills.

She is understood to be working on a plan to tackle energy costs, with a possible announcement expected on Thursday.

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