Watch Liz Truss announced as UK’s new Prime Minister

Liz Truss will become the next Prime Minister after beating Rishi Sunak in the Tory leadership contest. Ms Truss, 47, triumphed over the former Chancellor following a gruelling two-month campaign. The Foreign Secretary won the backing of 81,326 Tory members, compared with 60,399 for Mr Sunak. She is expected to make a short speech later this afternoon, but will not announce any policy until she enters Downing Street on Tuesday.