Liz Truss Becomes United Kingdom's New Prime Minister

Liz Truss has promised to deal with surging energy costs and to cut taxes, after she won the Tory leadership contest to become the next PM.

Her plan, set to be announced on Thursday, is likely to include a freeze on energy bills - though precisely how it would work is still unclear.

Ms Truss will be formally appointed by the Queen at Balmoral Castle later, after a final speech by Boris Johnson.

The 47-year-old, the UK's third woman PM, will then appoint her cabinet.

Liz Truss has become the UK’s new prime minister after meeting the Queen at Balmoral, where she was asked to form a government after the resignation of Boris Johnson.

Truss, 47, is the UK’s 56th prime minister and its third female leader. She is expected to return immediately to Downing Street and will give an address to the nation at about 4pm, before beginning to appoint her cabinet.

Liz Truss is expected to begin announcing her Cabinet on Tuesday after being elected leader of the Conservative Party on Monday.

Following her victory over Rishi Sunak, the new party leader will fly to Balmoral where she will be formally invited by the Queen to form a government.

She is set to confirm appointments to her top team later in the day, but some ministers have already indicated that they will step down.