Liz Truss will take over as the new prime minister of Britain after Boris Johnson, reviving a nation in distress.

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 most likely be officially sworn in as the new prime minister on Tuesday afternoon by Queen Elizabeth. In the midst of Britain's escalating economic and social turmoil, Truss will take over as leader on Tuesday after defeating competitor Rishi Sunak with 81,326 votes to 60,399 among party members.

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. In a brief victory speech delivered on Monday at a conference centre in London, she promised to take steps to address the situation. Truss made a "ambitious proposal" to reduce taxes, spur economic growth, and "deliver on the energy crisis, dealing with people's energy bills but also dealing with the long-term issues we have on energy supplies" without providing any further information.

Monday's statement concludes weeks of heated campaigning during which Sunak, the former Chancellor of the Exchequer (finance minister), accused the Foreign Secretary of risking a prolonged recession if she goes forward with her promised tax cuts. Truss will also pay a visit to the monarch at her Scottish residence Balmoral when Johnson formally resigns his position on Tuesday. There, as the head of the largest party in parliament, she will be given the opportunity to form a government.

Truss, 47, who had been the front-runner for weeks, will now become Britain's third female prime minister, joining Theresa May and Margaret Thatcher. Despite having voted to stay in the EU in 2016, she has discovered that the large majority of Brexit supporters in her party choose her as their candidate. Johnson, who "rose to the challenge and delivered" throughout the COVID-19 pandemic and more recently the conflict in Ukraine, also drew a large round of applause from the audience. Johnson was acknowledged by Truss as well, calling him a buddy who was "admired from Kyiv to Carlisle."

Before announcing the outcome, Sir Graham Brady, who chairs the committee of Conservative lawmakers in charge of choosing a new leader, praised both Truss and Sunak as "great" and said they had both conducted "fantastic campaigns." He also congratulated the party members and all candidates.