European Commission President Ursula von der Leyen on Monday said she expected Britain to honour all aspects of the Brexit deal under new Prime Minister Liz Truss.
"We face many challenges together, from climate change to Russia's invasion of Ukraine. I look forward to a constructive relationship, in full respect of our agreements," von der Leyen said in a tweet. - Reuters.
Britain's next prime minister Liz Truss has the right plan to tackle regional inequality, address rising costs of living and unite the ruling Conservative Party, outgoing leader Boris Johnson said on Twitter.
"Congratulations to @trussliz on her decisive win," Johnson said.
"I know she has the right plan to tackle the cost of living crisis, unite our party and continue the great work of uniting and levelling up our country. Now is the time for all Conservatives to get behind her 100 per cent." - Reuters.
Liz Truss will become Britain's third female prime minister if she wins the Conservative leadership election, while rival Rishi Sunak hopes to be the first non-white incumbent in Downing Street.
Liz Truss has been constantly ahead of Rishi Sunak in polling among the estimated 2 lakh Tory members eligible to vote. The foreign secretary, if voted to power, will be Britain’s third women leader to hold the office. But the 47 year old leader has had a rather impactful political journey to showcase.
Russia said on Monday it could not rule out the possibility that dire relations with Britain would get even worse under the country's next prime minister.
Foreign Secretary Liz Truss, who has for months been the target of withering scorn from Moscow, is expected to beat rival Rishi Sunak and become Britain's new leader, succeeding Boris Johnson, when the result of a ballot of Conservative party members is announced at 1130 GMT.
"I wouldn't like to say that things can change for the worse, because it's hard to imagine anything worse," Kremlin spokesman Dmitry Peskov said when asked if Moscow expected any shift in relations with Britain. - Reuters.
A YouGov poll suggests 12 per cent of the public thinks Liz Truss would be a good or great prime minister.
Both Rishi Sunak and Liz Truss renewed their pledge on Sunday to tackle the energy crisis sending household bills spiralling in the UK as a priority as the countdown to the new British Prime Minister taking charge at 10 Downing Street edges towards its conclusion.
Sterling plumbed a fresh post-pandemic low on Monday as Russia kept one of its main gas supply routes to Europe shut, adding to recession fears on the day that Britain is set to announce its new prime minister.
The pound, one of the worst performing major currencies against the dollar this year, fell as low $1.1444 -- its weakest level since March 2020.
Liz Truss MP will win, but she needs to unite the party and should include Sunak supporters in her cabinet, says Lord Hayward. He adds that Boris Johnson's first cabinet was "bad" as he awarded jobs to his friends and says Thatcher's approach was better.
A British government led byLizTrusscan afford to borrow more to give energy bills support to households and businesses but it will remain responsible with the public finances, the man tipped to beTruss' finance minister said.
With newspapers reporting thatTrusswas preparing a package worth up to 100 billion pounds ($114.6 billion), between direct support to households and tax cuts, Kwasi Kwarteng, Britain's business minister, sought to reassure investors about her plans.
Futures for UK's blue-chip index fell on Monday as markets remained nervous ahead of the announcement of the country's new prime minister, poised to take charge when Britain faces a cost of living crisis, industrial unrest and a recession.
The FTSE 100 futures fell 1 per cent at 6:07 GMT.
The sterling hit a new 2-1/2-year low, and remained close to its pandemic trough.Both the FTSE 100 and the FTSE 250 index fell more than 1 per centlast week on fears around surging prices, a looming recession and the policy direction under the new prime minister.
Indian-origin Suella Braverman is likely to be the only British politician of Indian heritage in the new Cabinet, if UK media speculations are to be believed that Foreign Secretary Liz Truss is on course to beat Rishi Sunak to be elected Conservative Party leader and British Prime minister on Monday.
The frontrunner in the race to become the UK's next prime minister, Liz Truss, vowed Sunday that if appointed she will present a plan to tackle soaring energy bills within a week.
Talking to the BBC a day ahead of the Conservative leadership announcement, the foreign minister expected to succeed Boris Johnson said: "If I'm elected prime minister, I will act immediately on bills and on energy supply."
The UK will finally find out Boris Johnson’s successor as prime minister on Monday, after a bitter Conservative Party contest between Foreign Secretary Liz Truss and former Chancellor of the Exchequer Rishi Sunak.
The final countdown in the over six-week-long gruelling campaign for the governing Conservative Party to elect a new leader who will succeed ousted Boris Johnson as British Prime Minister is now underway, with the winner betweenRishiSunakand Liz Truss to be declared on Monday.
The winner of the contest will be announced on Monday at 12:30 BST (17:00 IST) by Sir Graham Brady -- chair of the 1922 Committee of backbench Tory MPs and returning officer of the leadership election.
The UK will learn Monday who will be its next prime minister, with Liz Truss the favourite to succeed Boris Johnson and take charge as the country battles a spiralling cost-of-living crisis.
The result will be announced at 12:30 pm (1130 GMT), after foreign minister Truss and her rival, former finance ministerRishiSunak, spent the summer rallying support among the Conservative Party members who cast the final vote.
Rishi Sunak said on Sunday that if he loses the Conservative Party leadership race, his job would be to support the next government, giving the first hint at what’s in store beyond Monday's election result to replace Boris Johnson as British Prime Minister.
In his final interview with the BBC before the results are declared, the British Indian former Chancellor said he plans to stay on as a member of Parliament and continue to work for his constituents in Richmond, Yorkshire, if he is defeated by Foreign Secretary Liz Truss in the race.
British foreign minister Liz Truss is considering freezing energy bills for millions of households this winter if she becomes the prime minister, the Telegraph reported late on Sunday, citing campaign sources familiar with discussions and energy company insiders.