05-09-2022, 11:45 AM
Liz Truss or Rishi Sunak to be announced as UK's next PM...
The winner of the leadership contest will be announced at 12:30 BST, before then taking office on Tuesday after formal appointment by the Queen.
The new PM will inherit a flagging economy, with inflation at a 40-year high.
They are also under pressure to cushion the blow of soaring energy costs.
The winner of the leadership contest will be announced at 12:30 BST, before then taking office on Tuesday after formal appointment by the Queen.
The new PM will inherit a flagging economy, with inflation at a 40-year high.
They are also under pressure to cushion the blow of soaring energy costs.