Britain’s soon-to-be new leader Liz Truss is the child of left-wing parents who grew up to be an admirer of Conservative Prime Minister Margaret Thatcher. Now she is taking the helm as prime minister herself with a Thatcherite zeal to transform the U.K. One colleague who has known Truss since university says she is “a radical” who wants to “roll back the intervention of the state” in people’s lives just as Thatcher once did. Conservatives have embraced her promises to slash taxes and red tape. But she will face stiff challenges from day one with Britain facing soaring inflation and a worsening cost-of-living crisis.
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David Laws, a former Cabinet minister who worked with Truss in government a decade ago, recalled her as energetic and “mind-bogglingly ambitious,” comparing her in his memoir to “a young Margaret Thatcher on speed.” She became justice secretary, but she was demoted to a more junior role in the Treasury by May in 2017. When May was toppled by her repeated failure to break a political deadlock over Brexit, Truss was an early backer of Boris Johnson to replace her. When he won, Johnson made Truss trade secretary, a role in which she Instagrammed her way around the world signing post-Brexit trade deals and raising her profile.
Truss has sometimes suggested the frequent comparisons to Thatcher are sexist, but at other times she has encouraged them. She has posed in a British Army tank in Eastern Europe, evoking an image of Thatcher during the Cold War. In a televised leadership debate, Truss sported a pussy-bow blouse just like one Thatcher used to wear.
Truss’ perceived loyalty to Johnson, who remains popular with many Tories, also helped her win. Many party members cited Sunak’s decision to quit Johnson’s Cabinet in July as a mark against him. Truss didn't resign, saying she was a “loyal person” — though she had been courting party members for months at “fizz with Liz” events to build support for a potential leadership bid.
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