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

IPT haul up to £6.8bn in FY25/26

IPT haul up to £6.8bn in FY25/26

£43m collected in December

Cameron Roberts
clock 22 January 2026 • 2 min read
IHT receipts rise £200m in first nine months of tax year

IHT receipts rise £200m in first nine months of tax year

Treasury recorded £6.6bn from estates

Jenna Brown
clock 22 January 2026 • 3 min read
6,600 young people partake in CII and PFS virtual work experience

6,600 young people partake in CII and PFS virtual work experience

2,300 engaged with the insurance programme

Jaskeet Briah
clock 21 January 2026 • 1 min read