Liz Truss, who has been serving as the country’s foreign minister for the past 12 months, has been named as the Conservative Party’s new leader. She will be officially sworn in as the new prime minister most likely on Tuesday afternoon by Queen Elizabeth II.

In her victory speech, Truss pledged, “I will provide a bold plan to cut taxes and build our economy.” She also stated that she will address issues like the National Health Service and high energy costs.

Also read: Jeremy Corbyn asks Liz Truss, new UK Prime Minister, to tackle cost-of-living crisis

The outcome was determined after a lengthy nationwide poll by party activists this summer. In a six-year period marked by political turbulence, Truss will become the fourth prime minister of the nation.

Only three women have ever held the position of prime minister, and this will be the third time in recent years that this has happened without a general election held across the country.

Truss reaffirmed a crucial campaign theme by saying, “We will deliver, we will deliver, and we will deliver. And we will deliver a great victory for the Conservative Party in 2024,” when the next round of national elections is scheduled to take place.

Also read: Liz Truss, as the new UK prime minister, promises tax cuts

Boris Johnson, who was ousted by a slew of scandals that erupted in the first part of this year, is replaced by Truss. He was forced to quit after losing the backing of the majority of his fellow Conservative lawmakers as well as many of his own ministers.

Liz Truss has received plaudits from the outgoing prime minister for her “decisive win.”

He tweeted, “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.”

Also read: Unite behind the new PM, Liz Truss: Rishi Sunak after loss

Johnson said he had been proud to lead the Conservative Party for the past three years and “win the biggest majority for decades” for his party. Johnson will formally tender his resignation to the Queen at Balmoral Castle tomorrow.