* Liz Truss has been named as the new Conservative leader this afternoon - and will become PM tomorrow
* There are signs Ms Truss is planning to freeze energy bills with massive £100billion bailout package
* Gas prices have soared again after Russia closed down a key pipeline to Europe amid the Ukraine standoff
Liz Truss vowed to be 'bold' in cutting taxes and reviving the economy after defeating Rishi Sunak in the Tory leadership contest today.
Ms Truss takes the helm of a country in the grip of a cost-of-living crisis after seeing off the former chancellor's challenge with support from 81,326 party members, compared to Mr Sunak's 60,399.
The 57 per cent to 43 per cent result - closer than some had expected - was announced by 1922 committee chair Sir Graham Brady in a glitzy ceremony at the QE2 Centre in Westminster.
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WNU Editor: These are the issues that she will be facing as Prime Minister .... Truss issues: The challenges facing the incoming prime minister (PA Media).
Liz Truss Has Been Named As The New Conservative Leader And Will Become UK Prime Minister Tomorrow
Liz Truss set to become new UK Conservative prime minister -- AP
Liz Truss wins Tory leadership race to become Britain’s next PM -- The Guardian
Liz Truss wins leadership contest, will replace Boris Johnson as Britain's prime minister -- ABC News Australia
Liz Truss to be UK's new PM after winning Conservative leadership race -- France 24
Liz Truss to be next British prime minister -- DW
Liz Truss vows to deal with energy crisis as next PM -- BBC
New PM: How Johnson loyalist Liz Truss bagged the top job in British politics -- France 24
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