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Truss becomes PM — here’s what it means for the City

Truss triumphs after a lengthy campaign in which both candidates pledged to boost the City and financial services

Attention now turns to how Truss' cabinet will approach policy towards businesses and the economy
Attention now turns to how Truss' cabinet will approach policy towards businesses and the economy Photo: Leon Neal/Getty Images

All eyes are on the City and what's next for financial services policy as Liz Truss was confirmed as the winner in the race to become the UK's next prime minister.

Truss will officially take office on 6 September after winning the Conservative Party leadership contest by a slimmer margin than anticipated by many polls.

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