The long race is over. Liz Truss has been elected as leader and will become the UK Prime Minister after she meets with the Queen in Balmoral tomorrow.

After a summer leadership contest that first saw Conservative party MPs whittle down a long list to two potential candidates, the wider 172,000-strong membership of the Conservative Party has backed Truss over her rival, former Chancellor, Rishi Sunak by 57% to 43% – closer than polls suggested and demonstrating less support than either David Cameron or Boris Johnson received from the membership.

So what lies ahead for the new PM – and what policies has she promised to enact?

Our Public Affairs team share their analysis in a special report – download it here.