And she has to do it while leading a bitterly divided Conservative Party with no guarantees of supporting her vision for the country.
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.
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
Social care, schools, universities and local governments have similar staffing and funding issues.
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.
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.