Britain’s Next Prime Minister: Thatcher 2.0?

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  • Britain’s Foreign Secretary Liz Truss is the heavy favorite to win the premiership after Conservative Party leader Boris Johnson announced his resignation in July.
  • “She’s a principled Conservative leader,” Nile Gardiner, a researcher at the Heritage Foundation and a former aide to Thatcher, told the Daily Caller News Foundation.
  • Truss has promised tax breaks and a small government, echoing his heroine Margaret Thatcher, but a fragile economy and war in Ukraine will make it difficult to implement his policies.

Liz Truss, the UK’s Foreign Secretary, believes in limited government and low taxes in the vein of former leader Margaret Thatcher – and that’s why she’s set to be the next Prime UK Minister Nile Gardiner, a researcher at the Heritage Foundation and former Thatcher aide, told the Daily Caller News Foundation.

A ancient A liberal Democrat who at one time called for the abolition of the royal family and opposed Brexit even after setting herself up as an example of conservative conservatives, Truss overtook Britain’s Finance Minister Rishi Sunak, in the race to replace Prime Minister Boris Johnson. Her “Thatcherian” qualities, referencing the “Iron Lady” Margaret Thatcher who championed national strength and fiscal moderation, make her the candidate Britain badly needs, Gardiner told the DCNF.

“She is a limited-government, low-tax politician who believes in limiting the role of the state. … She’s a principled conservative leader,” Gardiner said.

Like Thatcher, Truss will have to deal with runaway inflation and a shrinking economy as Britain feels the effects of a global energy shortage. His Thatcherite solution is to cut taxes and shrink the public sector, CNN reported. (RELATED: Boris Johnson has just quit. Who could lead the UK next?)

Truss promised to take the “nuclear option”, cutting value added tax, a levy applied at different stages of consumption, by 5%, rather than extending direct payments to households as promised by the Sunak campaign, BBC reported. His main opponent called welfare “incredibly regressive”, saying it would cost the government the equivalent of US$34.5 billion.

Truss is also hoping to push through parliament a bill that would ease customs restrictions on Northern Ireland in the UK, legislation which the EU says violates the ‘Brexit’ deal signed when the UK signed off. left the EU, according at Reuters. As part of the deal, Northern Ireland kept its open trading relationship with the EU, creating a customs border between the province and the rest of the UK.

A ‘leftover’ in the 2016 EU referendum, Truss said she changed her mind after concerns about economic impacts failed to materialise. “What we’ve seen since the Brexit vote is that our economy has done well,” she said. Told the BBC.

She also supports fracking, the expansion of London Heathrow Airport and national agriculture, and has close ties to think tanks that embrace free trade, according at Politics.co.uk. As environment secretary, she cut subsidies for solar farms and also held several positions in economics and commerce.

Critics accuse Truss of being a political chameleon. Neil Fawcett, a Liberal Democrat adviser who worked with Truss at the time on the left, told CNN that Truss then and now is “playing the gallery” to score political points but has no firm convictions.

Her allies call her principled, with a Tory MP saying she has always been ‘extremist in everything she does’. according to Politics.

Truss must choose between returning to his party’s small-government roots and public pressure to increase public spending to get British citizens through an economic crisis, a senior opposition Labor minister has told Politico. . “Does she keep borrowing? We all know there is no money,” the MP said.

Another challenge will be coming to terms with Washington, which has come out against Brexit and Truss’ position on the Northern Ireland Protocol, Gardiner said. In March, US House Speaker Nancy Pelosi said Truss’ intention to break protocol was “deeply concerning”.

“I have taken on the responsibility of negotiating the Northern Ireland Protocol…and I will be very clear with people like Nancy Pelosi exactly what I think about it and exactly what we need to do,” Truss said, according at the Financial Times.

“Biden needs to back down,” Gardiner said.

The special relationship between the United States and the United Kingdom became particularly visible with the war in Ukraine, as the two sides shared intelligence and cooperated on policy aimed at enhancing their mutual interests, although the Foreign Secretary , Truss, has pushed for even stronger support for Ukraine, FT reported. The two countries also share very close trade and investment ties and are concerned about China’s growing malign influence across the world, Gardiner told DCNF.

“There is no American national interest in fighting the British government over political positions. It’s crazy,” Gardiner said.

The UK scheduled an emergency election when Johnson announced on July 7 that he would step down following a series of cabinet scandals and resignations.

Voting closed on September 2 for Conservative members to vote for the next Prime Minister. With Sunak taking the lead over Truss and surprise favorite Penny Mordaunt, party members favored Truss over Sunak 59% to 32% at the close of the polls, with the remaining 10% saying they don’t know for whom. they would vote, Politico Data show.

Truss’ office did not respond to the DCNF’s request for comment.

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