UK PM contenders clash over future of economy in debate. Sunak and Truss are top contenders to replace Boris Johnson.
Where: United Kingdom
The Facts
On Thursday, British foreign minister Liz Truss clashed over the economy’s future with former finance minister Rishi Sunak.
Truss is up against Sunak to win the votes of 200,000 members of the Conservative Party who, by September 5th, will choose a replacement for Boris Johnson as PM.
On Thursday, The Bank of England stated that Britain faces a protracted recession as energy price-driven inflation squeezes household budgets.
Tackling that economic crisis will fall to either Truss or Sunak in a month’s time.
The inflation rate is forecast to hit a 42-year high of 13% this year, while the UK economy is expected to shrink for more than a year.
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