, Columnist
Can Truss Make the Shorts Look Silly? Just Maybe
The UK’s new leader will inevitably invite comparison to Thatcher and Merkel, but she’ll have to find their luck in a terrible environment to prove it.
Too much uncertainty: The markets don’t like the odds of her success.
Photographer: Carlos Jasso/BloombergThis article is for subscribers only.
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Greetings from the UK, where Liz Truss is now prime minister. The cabinet will be composed largely of her closest allies. For a sign that the country is definitely changing, note that for the first time ever, none of the top four positions — prime minister, home secretary, foreign secretary and chancellor of the exchequer — will be held by a white man.