Liz Truss has won the election for Conservative Party Leader and therefore will be our next Prime Minister. She won by the expected large majority although she would not have been my personal choice. Lacks charisma. Her acceptance speech was a lacklustre bunch of pedantic soundbites.
She has promised to cut taxes and tackle the energy crisis. But how is she going to control energy prices? It’s easy to impose price controls or subsidise consumption but who is going to pay for it and where is the money coming from are the key questions. She has promised quick answers to those questions but do we trust her to deliver?
Having a surname that is a homophone of trust should have helped her political career but now she faces real problems in the UK economy and social unrest over the cost of living. This will not be helped by the latest news that Russia has turned off the Nord Stream gas pipeline and has no intention of reopening it while sanctions persist. This will drive gas prices even higher.
How will her policies affect drivers? She did hint at some positive changes in her election campaign such as reviewing motorway speed limits and halting Smart Motorways. But I doubt there will be major changes while the commitment to Net Zero remains and she focusses on the energy crisis and cost of living.
But one positive aspect for Londoners is that she does live in west Greenwich and was actually a Greenwich councillor for four years before she became an MP. She might understand the problems faced by those who live in the London suburbs in recent years. She needs to fire Grant Shapps and bring Sadiq Khan to heel though to really have a positive impact.
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