The ‘tories’ today choose the leader who will face the UK recession

Date:

Liz Truss, favorite to succeed Boris Johnson, promises tax cuts and measures to cut energy bill she keeps secret

At 1:30 p.m. peninsula time next Monday, the Conservative Party will announce who will take over from the British government, nearly two months after the resignation of the still prime minister, Boris Johnson, on 7 July. The current foreign minister, Liz Truss, is the favorite after a campaign to gain the support of the group’s deputies in the first phase and later of the party members.

Former Finance Minister Rishi Sunak won the parliamentary vote to choose two of the first candidates, but charges of disloyalty to Johnson for resigning from his cabinet at the start of the overthrow weighed heavily on party members. A comfortable victory for Truss is expected, with around 70% of the 160,000 participating.

Johnson will fly to Scotland on Tuesday to offer his resignation to Queen Elizabeth II. The monarch’s mobility problems in recent months have prevented her from moving to the official residence, Buckingham Palace, in central London. For the first time in his reign, he will facilitate the change of head of government at his summer residence, Balmoral Manor, in north-east Scotland.

On another plane, if confirmed as the chosen one, Truss will follow Johnson on his way to Balmoral, to present himself to the Queen as an MP capable of forming a government with a majority in the House of Commons. After confirmation, he returns to London, enters the official residence of the heads of government, at 10 Downing Street, and reads a letter of intent around 5 pm.

His team of employees had the time in August to outline the cabinet. His predecessor filled him with ‘Brexiters’ and leaves a majority of 71 seats in the House of Commons. About 200 MPs, out of 357 in the parliamentary group, have not publicly supported Truss, who is less popular with Conservative members and voters than Johnson. The polls give Labor a lead of about ten points in its intention to vote. General elections must be held before January 24, 2025.

It’s a complicated picture in partisan politics for Truss, who has headed six ministries in her eight years of experience led by David Cameron, Theresa May and Boris Johnson. It has a more divided parliamentary faction than before, an opposition that retains a significant advantage for the first time, and the lack of legitimacy that comes from being elected by a small number of voters to lead the government.

In the country’s politics, the election campaign was marked by the divergence between a Truss who favored changing ex-Minister Sunak’s tax increases to avoid a recession, and his criticism of his rival for failing his plan. supposedly favors inflationary dynamics, increasing demand; or for jeopardizing the UK’s fiscal credibility, adding more debt to the debt accumulated during the pandemic.

The rise in the price of energy, higher than that of all the economies of the European Union, with the exception of the three ‘Baltic’ republics, came into effect in the final days of the campaign. Truss has been forced to promise government intervention after arguing early in the campaign that her fiscal easing is a better way to facilitate the management of family economies than subsidies. He now announces a plan, but does not disclose its contents.

That plan should make a good impression in a country that, like in Scotland, is used to direct nuisance from strikes by public transport employees or garbage collection services. Strikes are planned by civil servants, nurses, in education, etc. According to ‘The Times’, the police fear an increase in delinquency and disturbances.

As winter approaches and energy consumption increases, households will be hit by energy prices that are already causing serious financial hardship for small and medium-sized businesses. It is part of the price to pay for the war in Ukraine, in which the new government will maintain its strong support for Kiev. The population supports this commitment, but in recent years has been missing a sober and serious management of a complex crisis.

Source: La Verdad

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