London Daily

Focus on the big picture.
Wednesday, Jun 24, 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
UK Biotechnology Sector Receives Increased Public Funding to Support Regional Growth
Police Chiefs Update National Protest Management Guidelines Amid Rising Demonstration Activity
UK Aviation Regulator Expands Support for Regional Airports to Strengthen Domestic Routes
CMA Launches Investigation Into Retail Pricing Across UK Grocery Sector
UK Energy Operator Warns of Winter Supply Pressures Despite Stable Overall Grid Outlook
UK Research Council Expands Funding for Regional Biotechnology and Life Sciences Clusters
UK Compensation Scheme for Post Office Horizon Scandal Reaches 80 Percent Completion
Police Chiefs Issue Updated National Guidance on Managing Large Public Demonstrations
UK Expands Regional Airport Funding Scheme to Boost Domestic Connectivity
UK Competition Watchdog Launches Inquiry Into Grocery Pricing Practices
National Grid Warns of Tight Energy Management Needs During Upcoming Winter Peak Demand
UK Education Department Introduces National Standards for AI Use in Secondary Schools
UK High Court Clears North Sea Carbon Capture Project After Final Legal Challenge Fails
Northern Ireland Leaders Hold Emergency Talks on Trade Disruption Under Windsor Framework
Welsh Government Moves to Expand Social Housing in Response to Severe Affordability Pressures
UK Economy Sees Unexpected Rise in Business Investment in Second Quarter, ONS Data Shows
Scottish Government Unveils Multi-Billion Pound Investment Plan for Renewable Energy and Grid Expansion
UK and EU Agree Enhanced Defence Cooperation Pact Covering Intelligence and North Sea Security
Prime Minister Orders Independent Review of NHS Performance After Record Waiting Lists
Bank of England Holds Interest Rates at 5 Percent as Services Inflation Remains Persistent
UK Heatwave Disrupts Transport, Healthcare and Public Services as Red Weather Alerts Expand Nationwide
Barclays Warns of Growing Cyber Risk Divide Between Large UK Firms and Micro Businesses
European Defence Plans Including Ukraine Integration Prompt UK Strategic Reassessment
UK Equity Markets React as US–Iran Peace Roadmap Eases Oil Price Pressures
United Kingdom Expands Global Clean Energy Partnerships With Brazil, Morocco and Tanzania
Lord David Frost Urges Incoming UK Leadership to Abandon EU Regulatory Reset Strategy
Housing Groups Support Amendment to Strengthen Fire and Gas Safety Access Powers in Social Housing
South London NHS Estates Staff Ballot on Industrial Action Over Pay Structures in Hospital Maintenance Services
United Kingdom Government Invests £60 Million in AI Research Labs at Oxford and University College London
Barclays Cyber Security Report Highlights Rising Threat Exposure Among UK Small Businesses in AI-Driven Attacks
UK Met Office Heatwave Triggers Transport Warnings as Rail Operators Urge Cancellations Amid Infrastructure Strain
South London NHS Estates Workers Ballot for Strike Action Over Pay Disputes Across Major London Hospitals
Barclays Warns of Severe Cyber Security Gap Between Large Corporations and Small Businesses in the United Kingdom
United Kingdom Government Allocates £60 Million for Artificial Intelligence Research Laboratories at Oxford and UCL
National Health Service Approves Teplizumab Treatment to Delay Onset of Type One Diabetes in First European Rollout
Met Office Issues Rare Red Extreme Heat Warning Across London, South East and West Midlands as Transport and Health Systems Face Disruption
Prime Minister Keir Starmer Resigns After Labour Party Revolt Following Economic Stagnation and Local Election Losses
United Kingdom Economy Contracts for Second Consecutive Month as Private Sector Weakens and Job Loss Fears Rise
Taxpayer Support Grows for Higher Digital Levies on Multinational Tech Companies
Bank of England Signals Caution Over Inflation Despite Easing Energy Prices
Lloyds Banking Group Expands Artificial Intelligence Hiring Amid Sector-Wide Automation Shift
Film Producer Corporate Collapse Leaves Creditors Facing Unrecoverable Losses
UK Ten-Year Brexit Anniversary Highlights Ongoing Political and Economic Uncertainty
Nottingham Maternity Scandal Inquiry Reveals Systemic Failings in NHS Care
Met Office Heatwave Prompts Public Health Warnings Across United Kingdom
Concerns Rise Over Fiscal Stability as Political Uncertainty Weighs on UK Borrowing Costs
UK Taxpayers Back Higher Digital Taxes on Global Technology Firms, Survey Shows
Bank of England Holds Interest Rates Steady Amid Persistent Services Inflation
Reform UK and Opposition Leaders Call for General Election Following Starmer’s Departure
Ten Years After Brexit Referendum, UK Faces Ongoing Political Fragmentation and Economic Debate
×