UK PM Election Highlights: Confident that India-UK partnership will be further strengthened under Truss, says Narendra Modi

Liz Truss won the election for the Conservative Party leader and British Prime Minister on Monday, succeeding Boris Johnson.

Confident that India-UK Comprehensive Strategic Partnership will be further strengthened under Truss, says Narendra Modi

EU expects UK to honour agreements under new PM, von der Leyen says

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.

Truss has 'the right plan', says Boris Johnson

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.

Time for conservatives to get 100% behind Liz Truss, says Boris Johnson

Rishi Sunak won 60,399 or 42.6% of votes; Liz Truss won 81,326 or 57.4 of votes

I'd like to thank my fellow candidates, particularly Rishi Sunak: Liz Truss

Liz Truss named Conservative Party leader and British Prime Minister in election that saw 82.6% turnout

Next Conservative Party leader and Prime Minister to be announced shortly

British Deputy Prime Minister Dominic Raab arrives for the announcement of Britain's next Prime Minister at The Queen Elizabeth II Centre in London. Credit: Reuters photo

British Foreign Secretary and Conservative leadership candidate Liz Truss arrives for the announcement of Britain's next Prime Minister at The Queen Elizabeth II Centre in London. Credit: Reuters photo

Truss v Sunak: Contrasting approaches in UK leadership battle

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.

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Police officers detain a protestor demonstrating outside of the Queen Elizabeth II Centre, ahead of an event to announce the winner of the Conservative Party leadership contest, and Britain's next prime minister, in central London. Credit: AFP Photo

A view inside the QEII Centre ahead of the announcement of the new leader of the ruling Conservative Party in London. Credit: Bloomberg photo

Key things to know about UK PM contender Liz Truss

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.

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Kremlin says ties with UK could get even worse under next PM

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.

Sunak, Truss pledge to tackle energy crisis as British PM countdown begins

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.

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Sterling slides to post-pandemic low before new PM revealed

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.

UK can afford to borrow more, favourite to become finance minister says

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.

UK stock futures fumble ahead of naming of new PM

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.

Suella Braverman may be only Indian-origin MP in new UK Cabinet

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.

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UK favourite for PM vows 'immediate' action on energy bills

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."

United Kingdom set to find out next prime minister after bruising tory race

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.

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UK PM race: Final countdown begins for Rishi Sunak, Liz Truss

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.

UK to learn name of new prime minister after long vote

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 promises to support next UK government

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.

Britain's Truss to freeze energy bills if appointed PM

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.

UK PM to be announced after long Sunak vs Truss battle

If she wins, Truss will become the UK's third female prime minister following Theresa May and Margaret Thatcher.The 47-year-old has consistently been ahead of 42-year-old Sunak in polling among the estimated 200,000 Tory members eligible to vote.The leadership contest began in July after Johnson announced his resignation following a slew of scandals and resignations from his government.Postal and online voting closed Friday after eight weeks of campaigning that Truss described to the BBC as "the longest job interview in history".