HomeNewsNewsOpinion | Under new Prime Minister Liz Truss, the U.K. needs economic revival

Opinion | Under new Prime Minister Liz Truss, the U.K. needs economic revival

From the moment she became Britain’s new leader Tuesday, Prime Minister Liz Truss’s days in office seemed numbered. She assumed the job after winning a contest to succeed former prime minister Boris Johnson as head of the U.K.’s Conservative Party, which has held power for 12 years. Just once since World War II has any British party clung to power for more than 13 years — when the Conservatives under prime ministers Margaret Thatcher and John Major governed for 18 years, until 1997. Ms. Truss, with elections coming no later than January 2025, faces bleak prospects of propelling the party again to that mark, or anything close to it, unless she can revive one of the industrialized world’s wobbliest major economies.

She begins with an array of disadvantages, not least her low standing in national polls. Many doubt Ms. Truss’s core values and resolve given her shape-shifting stance on the country’s most polarizing recent…

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