The mass resignations that led to Boris Johnson’s downfall in July mean that there is barely a functioning government in the U.K.—let alone a plan to address the many issues facing the country, or any authority to deliver it.
in July mean that there is barely a functioning government, let alone a plan to address the crisis, or any authority to deliver it. Instead, there is a prolonged Conservative Party leadership contest, in which around a hundred and fifty thousand Party members, or 0.32 per cent of the British electorate, are currently choosing the next Prime Minister. The winner will be declared on September 5th, at which point, you would assume, someone will have to start running the place again.
Around half of the inflationary pressure in the U.K. comes from rising energy prices, which are largely a consequence of the. Since 2019, there has been a price cap, which is now updated every three months by the country’s energy regulator, to protect consumers from blatant profiteering. But the cap only moves one way. Last winter, it was set at £1,277 per year, for an average household.
In the contest to succeed Johnson, Truss has positioned herself as the change candidate. “The last twenty years of economic policy haven’t delivered growth,” she says, which is a bold contention given that her party has been in charge for twelve of them.
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