Liz Truss was named leader of the ruling Conservative Party and Britain’s next prime minister on Monday, taking power at a time when the country is facing a cost of living crisis, industrial unrest and recession.

She is expected to be officially named the next prime minister by Queen Elizabeth on Tuesday afternoon.

“I will deliver a bold plan to cut taxes and grow our economy,” Truss said in her victory speech, adding that she will also take on challenges from high energy bills to the National Health Service.

The result goes back to several weeks of nationwide voting by the party’s grassroots members this summer. Truss becomes the country’s fourth leader in a politically turbulent six-year period.

It is only the third time in history that a woman will hold the post of Prime Minister at 10 Downing Street, but the third time in recent years that there has been a change of Prime Minister without a national general election.

Truss replaces Boris Johnson, who has been crushed by a series of scandals in the first half of this year. After losing the support not only of the majority of his Conservative MPs but also of many of his own ministers, he was forced to resign.

– Input from News Agencies was used in this article

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