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  4. UK PM race: Liz Truss leaving Rishi Sunak behind? Foreign Secy leading with 90% chance

UK PM race: Liz Truss leaving Rishi Sunak behind? Foreign Secy leading with 90% chance

UK PM race: Liz Truss is leading in surveys of Tory members after vowing immediate tax cuts as Britain confronts a slump in living standards.

Poorva Joshi Edited By: Poorva Joshi @poorvajoshi1424 London Updated on: July 30, 2022 14:41 IST
liz truss, rishi sunak
Image Source : AP UK PM race: Liz Truss leaving Rishi Sunak behind? Foreign Secy leading with 90% chance

Highlights

  • UK Foreign Secretary Liz Truss might win the race for Prime Minister of country.
  • She is leading by nearly 90% chance of winning, as per a survey by exchange firm Smarkets.
  • She is leaving behind Indian-origin UK PM candidate Rishi Sunak by a handsome margin.

UK PM race: United Kingdom Foreign Secretary Liz Truss might win the race for Prime Minister, or so suggests a survey that shows she is leading with nearly a 90% chance of becoming PM. This means she is leaving behind Indian-origin UK PM candidate Rishi Sunak by a handsome margin, as per the survey. 

According to the latest estimate by betting exchange firm Smarkets, Sunak's chance of becoming the next PM has shrunk to 10 per cent and Truss rated 89.29 per cent, while other candidates even don't have a 1 per cent chance.

The final two candidates, fighting for the UK Prime Minister post, went head-to-head in a debate in their first official grilling in the presence of conservative party members in Leeds on Thursday.

Truss in her last debate said that she would prefer not to impose further windfall taxes on oil and gas companies, which turned out to be the reason that her percentage of chances has turned out like this.

Both contenders have to undergo bouts of 12 nationwide events as the first bout took place in Leeds, Northern England as the members elect a new leader. The result will be announced on Sept 5.

Former Chancellor Sunak faced a tough evening during the hustings for his lifestyle and dishonesty towards PM Boris Johnson whereas Truss had a fairly good time as she was backed by maximum support for the Prime Ministerial candidature.

Truss is leading in surveys of Tory members after vowing immediate tax cuts as Britain confronts a slump in living standards. Speaking to party members, she also pledged to get the Northern Powerhouse rail built, saying Leeds is the "largest city in Europe without its own metro system".

On the other hand, Rishi Sunak, when asked about tax hikes and Truss leading the race after she announced immediate tax cuts, he said, "In the face of challenges, understand to get a grip of inflation and borrowing first," adding that the government has already tried having low corporation tax to get businesses to invest and it hasn't worked.

Earlier, the YouGov survey also revealed that Truss extends its lead over Rishi Sunak as she gained 24-points. Now, the two had finally announced and their summer campaign began, a new YouGov poll of Tory members suggests that Truss retains her strong advantage.

(With ANI Inputs)

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