UK Leadership Hopeful Liz Truss Downplays Prospect Of Recession

Liz Truss argued that the UK should create the economic conditions to produce "the next Google or the next Facebook".

Tory leadership favourite Liz Truss downplayed Sunday the prospect of a UK recession, while the man tipped to be her finance minister vowed "help is coming" over the soaring cost of living.

Truss, the frontrunner in polls to beat rival Rishi Sunak and become Britain's next prime minister, pledged in an interview to lead a "small business and self-employed revolution" if in power.

"There is too much talk that there's going to be a recession," Truss told The Sun on Sunday tabloid.

"I don't believe that's inevitable. We can unleash opportunity here in Britain."