New Conservative Party leader and incoming prime minister Liz Truss waves as she leaves Conservative Party Headquarters on September 5, 2022 in London, England. The Conservative Party have elected Liz Truss as their new leader replacing Prime Minister Boris Johnson, who resigned in July. (Photo by Carl Court/Getty Images)
New Conservative Party leader and incoming prime minister Liz Truss waves as she leaves Conservative Party Headquarters on September 5, 2022 in London, England. The Conservative Party have elected Liz Truss as their new leader replacing Prime Minister Boris Johnson, who resigned in July. (Photo by Carl Court/Getty Images)

New UK prime minister Liz Truss’s inheritance: An economy on its knees – with insight from The Wall Street Journal

The new UK prime minister faces record inflation, a faltering pound, spiralling energy costs and an ill-timed labor shortage.
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