Finance
What's Next After Truss?

Britain’s government once again finds itself facing a leadership contest after Liz Truss resigned today, becoming the shortest-serving prime minister in UK history. During her 45-day tenure, she announced the biggest tax cuts in 50 years which tanked the pound and left the economy in turmoil. Now, talk has quickly turned to a replacement, with former rival Rishi Sunak expected to be in the running and speculation rising over the return of scandal-hit ex-PM Boris Johnson. Here’s what to expect.