The incumbent U.K’s foreign secretary, Liz Truss will in the next 24hours be sworn in( Precisely on Tuesday), by Queen Elizabeth as the next prime minister of the U.K. after comfortably fending off competition from Rishi Sunak in the race to lead the governing Conservative Party.

Truss won 81,326 votes from Conservative members versus 60,399 for Sunak, the former chancellor who quit over his differences with Prime Minister Boris Johnson.

Truss will fly to Balmoral, the queen’s Highland estate, on Tuesday to be officially sworn in as prime minister before choosing her new Cabinet.

The incoming prime minister is expected to announce a bailout package within a week of taking office in a bid to help households and businesses trying to cope with soaring inflation and rising energy bills.

Truss while speaking in London, said she would live up to people’s expectations of her.

Taking to her Twitter, on Monday afternoon she said, “I am honoured to be elected Leader of the Conservative Party.

“Thank you for putting your trust in me to lead and deliver for our great country.

“I will take bold action to get all of us through these tough times, grow our economy, and unleash the United Kingdom’s potential.”