British Prime Minister Liz Truss Resigns After 45 Days In Office
British Prime Minister Liz Truss has announced her resignation as Prime Minister after just six weeks in power.
British Prime Minister Liz Truss announced Thursday her resignation as Conservative Party leader after just six weeks in power and said her successor would be elected by the end of next week.
“I recognised that given the situation I cannot deliver the mandate on which I was elected by the Conservative Party. I have therefore spoken to His Majesty the King to notify him that I am resigning as leader of the Conservative Party,” Truss said.
A leadership election for MPs to select her successor will be “completed within the next week,” she added.
The announcement, made by Truss outside Downing Street, follows the near-complete evaporation of her political authority which has seen her crash the markets, lose two key ministers and shed the confidence of almost all her own MPs.
Truss will be the shortest-serving prime minister in UK history as she has resigned as prime minister after just 45 days in office.
The Guardian reported that Truss said she has spoken with the King to notify him that she is resigning as the leader of the Conservative party.
Earlier she met with the chair of the 1922 Committee, Sir Graham Brady, where they “agreed that there will be a leadership election to be completed within the next week”. She said:
“This will ensure that we remain on a path to deliver our fiscal plans and maintain our country’s economic stability and national security,” Truss said, adding that she would remain as prime minister until a successor is chosen.