Lizz Truss, Britain’s Prime Minister, on Thursday announced she is resigning from the post, making her the shortest-serving in the UK as Prime Minister in the history of the country. Liz Truss resigns, In her speech that she delivered from downing street, she said she had already spoken to the King about her resignation from the post and confirmed that she would remain as Prime Minister till a successor was chosen.
Liz Truss resigns as UK prime minister
Liz Truss resigns that she has been under pressure to exit, just six weeks into her job after she declared an economic policy that triggered a bond market rout.
Lizz said I came into office at a time of best international as well as economic instability. Businesses and families are worried about how to pay bills, Putin’s illegal war in Ukraine has threatened the safety of the United Kingdom, and the nation has been held back for too long by slow progress economically.
I was elected with a mandate to change things by the Conservative Party. We catered to cutting National Insurance and energy bills. And we have set a vision for high growth and low-tax economy that will take benefit of the freedoms of Brexit.
As per the circumstances, I recognize that I cannot cater to the mandate on which I was elected. I have spoken to His Majesty of the King to notify him that I am resigning as a Prime Minister post as a leader of the Conservative party.
I also met the chairman this morning of the 1922 committee, Sir Graham Brady. Within the next week, we agreed that there would be a leadership election. It will make sure that we remain on a path to cater to our financial plans and maintain the nation’s security and economic stability.
Until the successor is chosen, I will remain as Prime Minister of the United Kingdom. Thank You!
Liz was hanging on to the position by a thread after a senior minister quit government due to criticism. And, also because of a vote in the House of Commons dive into acrimony and chaos.
An economic plan unveiled by the government last month has triggered a political crisis and financial turmoil that has seen the replacement of Liz’s treasury chief, breakdown of discipline, and multiple policy U-turns in the governing of the Conservative Party. Several conservatives say Liz should resign from the post-but. She has remained defiant, claiming that I am not a quitter but a fighter
