Liz Truss to Succeed Johnson as New U.Ok. Prime Minister After Winning Conservative Party Leadership Race

LONDON—U.Ok. Overseas Secretary Liz Truss gained the race to steer the ruling Conservative Party and change into Britain’s subsequent prime minister, taking the helm of a nation heading into an financial storm.

Ms. Truss, 47, will formally exchange Boris Johnson as prime minister on Tuesday. Within the management race, she touted herself as a low-tax libertarian who will shrink the British state and revitalize a moribund financial system, very like the U.Ok.’s first feminine prime minister, Margaret Thatcher, did within the 1980.