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HomeBreaking NewsLiz Truss Resigns After Six Weeks as UK Prime Minister

Liz Truss Resigns After Six Weeks as UK Prime Minister

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Liz Truss said on Thursday she would resign as Britain’s prime minister, just six weeks into an austerity program that has shaken financial markets. , raised the cost of living for voters and angered his own majority.

The Conservative Party, which has a large majority in parliament and does not need to call a national election for another two years, will choose a new leader by October 28.

The contest is likely to pit former finance minister Rishi Singh against Penn Mordant, but could also see the return of former prime minister Boris Johnson, who was ousted in July when his ministers They resigned en masse to oust him from power.

Speaking outside the door of her No. 10 Downing Street office, Truss admitted she had lost the confidence of her party and said she would resign next week, the shortest-serving minister in British history. Will be great.

“I have therefore spoken to His Majesty the King to inform him that I am stepping down as leader of the Conservative Party,” said Truss, who was supported only by her husband and her Assistants and faithful ministers were conspicuously absent.

Truss became Britain’s fourth prime minister in six years after being elected to lead the Conservative Party in September, not by the wider electorate, and with the support of only a third of the party’s lawmakers.

He promised tax cuts financed by borrowing, deregulation and a sharp shift to the right on cultural and social issues.

Appointed on September 6, she was forced last week to sack her finance minister and close political ally, Kwasi Kwarting, and abandon almost all of her economic program as her plans for massive unfunded tax cuts cost the pound and British. Bonds crashed. His and the Conservative Party’s approval ratings fell.

On Wednesday she lost the second of the government’s four most senior ministers, faced laughter as she tried to defend her record in parliament and watched her lawmakers spar openly over policy, leading to A sense of chaos grew in Westminster.

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