What Liz Truss could mean for your money: the good, the bad and the ugly

Liz Truss, the new prime minister, has promised deal with the country’s growing list of problems. She's got her work cut out, says Rupert Hargreaves. Here, he looks at some of her proposed changes.

Liz Truss
Truss’s plans could lead to more pressure on the pound and higher interest rates.
(Image credit: © ANDREW MILLIGAN/POOL/AFP via Getty Images)

Liz Truss has been declared the next prime minister of the United Kingdom, and she’s promised to get straight to work to deal with the country’s growing list of problems.

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Rupert Hargreaves
Contributor and former deputy digital editor of MoneyWeek

Rupert is the former deputy digital editor of MoneyWeek. He's an active investor and has always been fascinated by the world of business and investing. His style has been heavily influenced by US investors Warren Buffett and Philip Carret. He is always looking for high-quality growth opportunities trading at a reasonable price, preferring cash generative businesses with strong balance sheets over blue-sky growth stocks.

Rupert has written for many UK and international publications including the Motley Fool, Gurufocus and ValueWalk, aimed at a range of readers; from the first timers to experienced high-net-worth individuals. Rupert has also founded and managed several businesses, including the New York-based hedge fund newsletter, Hidden Value Stocks. He has written over 20 ebooks and appeared as an expert commentator on the BBC World Service.