Prime Minister of Great Britain - Garner Ted Armstrong Evangelistic Association https://www.garnertedarmstrong.org Let No Man Take Your Crown Mon, 24 Oct 2022 19:19:32 +0000 en-US hourly 1 https://www.garnertedarmstrong.org/wp-content/uploads/2024/05/cropped-Screen-Shot-2024-05-16-at-1.06.13-PM-32x32.png Prime Minister of Great Britain - Garner Ted Armstrong Evangelistic Association https://www.garnertedarmstrong.org 32 32 Rishi Sunak will be the U.K.’s new prime minister https://www.garnertedarmstrong.org/rishi-sunak-will-be-the-u-k-s-new-prime-minister/?utm_source=rss&utm_medium=rss&utm_campaign=rishi-sunak-will-be-the-u-k-s-new-prime-minister Mon, 24 Oct 2022 19:19:32 +0000 https://www.garnertedarmstrong.org/?p=42829 London — Rishi Sunak will be the next prime minister of the United Kingdom, following current premier Liz Truss’ announcement last week that she will step down. The 42-year-old former U.K. treasury chief will be the country’s third prime minister in under two … Read More

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]]> London — Rishi Sunak will be the next prime minister of the United Kingdom, following current premier Liz Truss’ announcement last week that she will step down. The 42-year-old former U.K. treasury chief will be the country’s third prime minister in under two months, its youngest prime minister since 1812, and the first person of color to serve in the role. He is of Indian heritage and Hindu faith.

“I pledge that I will service you with integrity and humility,” Sunak said, at the headquarters of Britain’s Conservative Party on Monday. “It is the greatest privilege of my life to be able to serve the party I love and give back to the country I owe so much to.”

Sunak, who used to work in finance, is — alongside his wife, tech heiress Akshata Murty — one of the wealthiest people in the U.K. He served as treasury secretary under Boris Johnson, and many Conservative members of parliament — and many Brits in general — will be hoping that his economic credentials can help to stabilize a falling pound and skyrocketing inflation and interest rates.

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Source: https://www.cbsnews.com/news/rishi-sunak-to-be-uk-prime-minister-after-liz-truss-resignation/

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]]> Liz Truss Appointed U.K. Prime Minister https://www.garnertedarmstrong.org/liz-truss-appointed-u-k-prime-minister/?utm_source=rss&utm_medium=rss&utm_campaign=liz-truss-appointed-u-k-prime-minister Tue, 06 Sep 2022 14:21:10 +0000 https://www.garnertedarmstrong.org/?p=42707 Former foreign secretary takes over from Boris Johnson, inheriting a country on cusp of crisis LONDON—Liz Truss became Britain’s third prime minister in just over three years on Tuesday, appointed by Queen Elizabeth II and entering Downing Street amid a … Read More

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]]> Former foreign secretary takes over from Boris Johnson, inheriting a country on cusp of crisis

LONDON—Liz Truss became Britain’s third prime minister in just over three years on Tuesday, appointed by Queen Elizabeth II and entering Downing Street amid a toxic brew of looming recession, high inflation and a historic energy price shock.

Ms. Truss, 47, flew to Balmoral, the queen’s home in Scotland, to formally take over from Boris Johnson. After the monarch asked her to form a government she will address the nation from London later Tuesday. Ms. Truss will then announce the makeup of her new cabinet.

Barely into office, Ms. Truss must quickly make a policy decision that could shape the rest of her tenure: how to protect businesses and individuals from soaring energy prices caused by the continuing war in Ukraine. Household energy bills are set to soar by 80% next month, proving unaffordable for many and pushing up inflation.

The longtime government minister has marketed herself as a libertarian in the mold of former leader Margaret Thatcher, but the expected economic fallout of the energy crisis is prompting the new leader to consider a massive government bailout of consumers and businesses to avoid a wave of bankruptcies and deeper economic pain.

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Source: https://www.wsj.com/articles/liz-truss-becomes-u-k-prime-minister-11662471933

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