Whoever Britain’s new prime minister will be, it will be a tough challenge. The first priority will be to get the country out of the financial crisis. It is also the responsibility of the Prime Minister to restore the lost trust among the people. Inflation in Britain is at its highest in 40 years. Food prices have skyrocketed. House rent and electricity rates are also going up massively. It has affected the common people to a great extent. The impact created by the mini-budget introduced during Liz Truss was more than that. There was a situation where even the distribution of pension was stopped.
Immediate intervention can hold the financial sector back. But that may require drastic measures. If more burdens are imposed on the people who are struggling due to price hikes, it will counter sentiment. This is the main challenge that awaits the new Prime Minister. With the arrival of winter, the energy crisis is also affecting the country. The Ukraine-Russia war and Covid-19 restrictions have also led to a slowdown in the industrial sector. On the other hand, bringing back the lost acceptance of the Conservative Party is also a heavy responsibility.
With Boris Johnson caught up in the Partygate scandal and now Liz Truss under fire for mismanagement, the Conservative Party’s ratings have plummeted. If the lost image cannot be recovered before the next general elections, the party faces a major setback. The rift among party MPs also needs to be resolved.