Liz Truss succeeds Boris Johnson as the UK's next PM

Cabinet members to be confirmed

clock • 2 min read

Liz Truss, until now foreign secretary and a former trade minister, will succeed Boris Johnson as Conservative party leader and the UK’s new prime minister, following a bitter leadership contest against former chancellor Rishi Sunak.

While the details of Truss's plans for her Cabinet and Downing Street staff have not yet been confirmed, the three most senior ministerial roles of chancellor, home secretary and foreign secretary, appear to have been decided. Kwasi Kwarteng is set to be appointed as Chancellor of the Exchequer, Suella Braverman as home secretary and James Cleverly as foreign secretary, according to numerous reports.  The announcement comes almost two months after Boris Johnson quit in the wake of a series of scandals. Since then, the outlook for growth has weakened, annual inflation is running above ...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Regulation

What would targeted support look like for protection?

What would targeted support look like for protection?

FCA opens door for targeted support esque scheme

Cameron Roberts
clock 13 March 2026 • 4 min read
FCA names Chris Knight as director of insurance

FCA names Chris Knight as director of insurance

Joins from Legal and General

Jaskeet Briah
clock 09 March 2026 • 1 min read
The COVER Review: Spring Statement 2026, provider claims and a new market study

The COVER Review: Spring Statement 2026, provider claims and a new market study

Week commencing 2 March 2026

COVER
clock 06 March 2026 • 1 min read