Introducing Liz Truss, Former UK Prime Minister
We are delighted to announce that Chartwell is now representing former UK Prime Minister, Liz Truss.
Ms Truss has been a prominent figure in frontline UK politics since becoming a Cabinet Minister in 2014. She served under three British Prime Ministers: David Cameron, Theresa May and Boris Johnson. After stints as Environment Minister, Justice Secretary, and International Trade Secretary, Ms Truss later occupied one of the Great Offices of State when she was appointed Foreign Secretary in 2021.
After Boris Johnson stepped down as Prime Minister in the summer of 2022, Liz Truss defeated Rishi Sunak in the ensuing Conservative Party leadership election. She was the last Prime Minister to be appointed by Queen Elizabeth II, who died two days later. Ms Truss soon attempted to instigate bold supply-side economic reforms to kickstart the UK economy. But her plans for deregulation and tax cuts were thwarted by adverse market reactions and she was forced to backtrack on her more radical proposals. Unable to enact her agenda as wished, Ms Truss stepped down after just seven weeks.
Since leaving office, Ms Truss has reflected on the static economic orthodoxy that so vehemently rejected her proposed reforms. Her approach was warmly received by British business in the form of the CBI who hailed the ‘Plan for Growth’ as a “a turning point for our economy”. However, Ms Truss argues that the wider public sphere had become unfamiliar to key arguments about tax and economic policy. The UK Conservatives ceded ground to the Labour Party on these issues since coming to government in 2010. Ms Truss remains an advocate for the centre-right differentiating itself on economic policy. She cautions against what she sees as consensus around ‘managed decline’.
Ms Truss’ views on foreign policy also reflect this more proactive and optimistic outlook. She was Foreign Secretary when Russia invaded Ukraine in February 2022. Ms Truss was instrumental in the UK’s reaction to the invasion. The country took the strongest approach in Europe, denouncing Russian aggression, and pledging unqualified support to Ukraine. Today, the UK is the second largest provider of military aid to Ukraine, after the United States. Out of office, Ms Truss continues to argue for a ‘muscular’ Western foreign policy and believes these nations must do more to stand up for their values at home and abroad.
Ms Truss also played a pivotal role in one of the United Kingdom’s most significant policy decisions in decades: Brexit. Although she campaigned for Remain in the 2016 referendum, she wholeheartedly embraced the public’s decision thereafter and pledged to reap the potential benefits. Ms Truss vigorously pursued new free trade agreements in her role as International Trade Secretary as the country took control of its own trading policy. She struck post-Brexit trade agreements with Japan, Australia, New Zealand, Norway, Iceland and Liechtenstein.
Available now for speaking engagements, Ms Truss can reflect on a decade at the heart of UK and international politics. The UK’s third-female Prime Minister speaks cogently and eruditely on politics and economics, and with particular zeal on:
- The Future of Economic Policy
- International Relations
- Trade Policy