Liz Truss has been elected leader of the Tory Party and therefore Prime Minister, as widely expected.
Industry Reacts: Truss As PM
CoStar News Will Update This Story Throughout the Afternoon After the New Conservative Leader Is Confirmed
![Liz Truss's official portrait (UK Parliament/<a href="https://creativecommons.org/licenses/by/3.0/" link-data="{"cms.site.owner":{"_ref":"00000164-904d-d794-ad6f-dcffd4f00000","_type":"ae3387cc-b875-31b7-b82d-63fd8d758c20"},"cms.content.publishDate":1662379168165,"cms.content.publishUser":{"_ref":"0000017b-a1aa-de4f-a57b-a9af72070000","_type":"6aa69ae1-35be-30dc-87e9-410da9e1cdcc"},"cms.content.updateDate":1662379168165,"cms.content.updateUser":{"_ref":"0000017b-a1aa-de4f-a57b-a9af72070000","_type":"6aa69ae1-35be-30dc-87e9-410da9e1cdcc"},"link":{"attributes":[],"url":"https://creativecommons.org/licenses/by/3.0/","_id":"00000183-0d85-d2d7-afff-6f9706b60000","_type":"ff658216-e70f-39d0-b660-bdfe57a5599a"},"linkText":"Creative Commons 3.0 licence","_id":"00000183-0d85-d2d7-afff-6f9706a70000","_type":"809caec9-30e2-3666-8b71-b32ddbffc288"}">Creative Commons 3.0 licence</a>).](https://costar.brightspotcdn.com/dims4/default/2fc50ee/2147483647/strip/true/crop/3108x2072+0+0/resize/2100x1400!/quality/100/?url=http%3A%2F%2Fcostar-brightspot.s3.us-east-1.amazonaws.com%2Fa1%2Fe2%2F8f292ebc4dd084a9efccf7e9feed%2Fliz-truss-portrait.jpg "Liz Truss's official portrait (UK Parliament/Creative Commons 3.0 licence).")
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