London Daily

Focus on the big picture.
Wednesday, Aug 12, 2026

Liz Truss vows to ‘ride out the storm’ in first speech as PM

Speaking outside No 10, Truss promises to rebuild economy and turn UK into an ‘aspiration nation’

Liz Truss told Britons they could “ride out the storm” of the worst economic crisis in a generation as she addressed the nation for the first time as prime minister.

Standing outside 10 Downing Street, she promised she would take “action this day and every day” to transform the country into what she called an “aspiration nation”.

The new prime minister said she would take action to deal with the cost of energy, as well as more action to support the NHS and help people make doctor’s appointments, but gave no details.

In a short and direct speech, she told the assembled crowd: “We shouldn’t be daunted by the challenges we face, as strong as the storm may be. I know that the British people are stronger.

“Our country was built by people who can get things done. We have huge reserves of talent, of energy, of determination. I am confident that together we can ride out the storm.

“We can rebuild our economy and we can become the modern, brilliant Britain I know we can be.”

Truss, 47, took over as prime minister after meeting the Queen at Balmoral, where she was asked to form a government after the resignation of Boris Johnson, who was ousted by Tory MPs earlier this summer after a series of scandals.

She returned immediately to Downing Street by private jet for her first address to the nation in her new role, narrowly avoiding a thunderstorm that initially seemed to have forced her inside to deliver her speech.

Microphones were covered with a plastic bag as rain fell outside No 10 before Truss’s address.


Senior Tories, including several of those expected to be in her new cabinet, joined MPs and party activists crowded into Downing Street alongside the world’s media to watch the arrival of the UK’s fourth prime minister in just over six years.

One of her first significant acts as prime minister is expected to be an announcement on plans to tackle the energy price crisis, with allies understood to be discussing a £100bn package to freeze bills. This could come as soon as Thursday and is expected to be paid via extra borrowing, rather than a windfall tax on suppliers as Labour has proposed.

Truss vowed to tackle the issues that she said had been holding Britain back for years by building more roads, homes and rolling out broadband faster.

“I know that we have what it takes to tackle those challenges. Of course, it won’t be easy. But we can do it,” she said. “I’m determined to deliver.”

But the new prime minister faces an uphill struggle with an economic crisis looming, a bitterly divided Tory party and a general election in the next two years.

In an echo of Winston Churchill, also a favourite of her predecessor in No 10, she promised “action this day” to deliver her plans to transform the country.

She pledged to “deal hands on” with the immediate energy bills crisis facing households across the country. “I will take action this week to deal with energy bills and to secure our future energy supply,” she added.




She repeated her vow to deliver growth through radical economic reform and long-promised tax cuts, despite criticism that she should tackle soaring inflation first.

Truss, who has presented herself as the “continuity Boris” candidate, praised the former Tory leader, saying history would regard him as a “hugely consequential” prime minister.

After her address, Truss is planning to make the final tweaks to her cabinet, which will be announced later on Tuesday, with more junior roles following over the coming days. She is expected to appoint a cabinet of loyalists, including Kwasi Kwarteng as chancellor, James Cleverly as foreign secretary and Suella Braverman as home secretary.

Other key appointments are expected to include Thérèse Coffey as health secretary and deputy prime minister, but there will be no role for her defeated leadership rival, Rishi Sunak, who returns to the backbenches.

In the coming days, Truss will have to navigate an overwhelming in-tray during the worst economic crisis in a generation, with soaring inflation and energy bills, the prospect of an autumn of strikes, the NHS and ambulance services on their knees and the conflict in Ukraine showing no sign of easing, as well as the ongoing row with Brussels over how to implement Brexit in Northern Ireland.

She also faces an uphill struggle to win over Tory MPs as she inherits a deeply divided party lagging behind in the polls with some backbenchers already said to be plotting her demise.

Johnson used his own speech on departing No 10 to call on the Tory party to unite behind Truss, but he could not conceal his bitterness at the way he was ousted. He suggested he would now slip into political obscurity, although a reference to Roman statesman Cincinnatus fuelled speculation he could consider a comeback.

Newsletter

Related Articles

0:00
0:00
Close
China’s Kimi Launches AI-Focused Credit Card With Agricultural Bank of China and American Express
Former Labour Adviser Arrested on Suspicion of Spying for China Held Privileged Access as Top Party Donor
Turkish Parliament Passes Landmark Bill Granting Conditional Amnesty to Disarmed PKK Members
Donald Trump Warns FIFA Against Ousting Gianni Infantino Amid Revolt by Global Football Leaders
Jeff Bezos Joins Investor Group Closing In on $6 Billion Liverpool FC Stake
Police Conduct Cross-Border Raids Against Northern England Drug Network
Nicola Sturgeon Protested at Edinburgh Festival Fringe Event
Major UK Retail Chain Enters Administration With One Hundred Fifty-Four Stores Set to Close
Heathrow Renews Call for Runway Expansion After Losing Europe’s Busiest Airport Ranking
Government Condemns One Million Pound Thames Water Executive Bonus Amid Drought
NHS England Says More Than One Hundred Thousand Hepatitis C Patients Have Been Cured
UK Foreign Secretary Ed Miliband Calls for End to West Bank Settler Violence
UK Prepares for Deepest Partial Solar Eclipse Since Nineteen Ninety-Nine
UK Heatwave Triggers Amber Health Alerts as Economic Losses Reach Four Point Four Billion Pounds
UK Offers Electricity Bill Discounts to Communities Hosting New Power Infrastructure
Bank of England Expected to Hold Interest Rates at Three Point Seven Five Percent
UK Government Moves to Ban Subscription Traps and Misleading Retail Discounts
Andy Burnham Gives Councils New Powers to Block Betting and Vape Shops
UK Councils to Receive Sweeping Planning Powers to Ban New Vape and Betting Shops
Nicola Sturgeon Says She Has No Contact With Estranged Husband After SNP Embezzlement Case
Police Arrest Two Men After Aberdeenshire Defense Technology Office Break-In
Greater Manchester Councils Gain Powers to Restrict New Vape and Betting Shops
Coroner Finds Treasury Workplace Failures Contributed to Personal Assistant’s Suicide
English and Welsh Courts Ban Meta Smart Glasses Over Recording and Privacy Risks
Strait of Hormuz Disruption Could Double UK Inflation and Trigger Recession, Forecasters Warn
UK Expands Global Talent Visa Scheme to Support Research-Intensive Companies
UK Equity Funds Suffer Record One Point Six Billion Pound Outflow Amid Capital Gains Tax Fears
Three-Quarters of England Enters Drought as Fifth Summer Heatwave Raises Economic Risks
UK Hiring Stabilizes for First Time Since 2022 as Employers Adjust to Higher Payroll Costs
UK Chancellor Orders Whitehall Spending Cuts as Public Debt Exceeds Three Trillion Pounds
UK Manufacturing Output Records Fourth Straight Month of Growth
UK Condemns Russian Torture of Ukrainian Prisoners and Recruitment of Foreign Nationals
Long-Lost Royal Navy Warship HMS Tiger Found in English Channel After 118 Years
Northern Ireland Finance Minister Seeks Urgent Treasury Talks Over Regional Budget Pressures
UK Government Targets Subscription Traps and Misleading Discounts in New Consumer Rules
Alleged Cartel Boss Daniel Kinahan Extradited From Dubai to Face Criminal Charges
AI Chatbots Challenge Traditional News Consumption and Raise Job Concerns
Andy Burnham Government Promises Crackdown on Exploitative Business Practices
UK University Funding Model Faces Growing Pressure From Unsustainable Student Debt
Government Urged to Subsidise Energy Bills for Vulnerable UK Households
UK Military Spending Plans Threaten to Deepen Infrastructure Funding Gap
Israeli Government Rejects US Peace Framework for Gaza
New Labour Government Signals Closer Economic and Strategic Ties With European Union
Amber Heat-Health Alerts Issued Across England as Temperatures Threaten 36 Degrees
UK Economy Expected to Grow Despite Energy and Supply Chain Shock From Iran Conflict
Foreign Social Media Accounts Drove Disinformation During Belfast and Southampton Riots
Record Number of Migrants Cross English Channel in Single Vessel as Smugglers Deploy Mega-Dinghies
Russia’s A7 Builds a State-Linked Payments Network Beyond Western Sanctions
Reports of Mark Zuckerberg-Linked Superyacht Declining Rescue Assistance Draw Maritime Scrutiny
Preserving Three Banksy Artworks in London Has Cost Taxpayers Nearly £150,000
×