Liz Truss has announced her resignation as Prime Minister

Liz Truss has announced her resignation as Prime Minister

The new leader of the Conservative Party will be elected “next week”

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Liz Truss has announced her resignation as Prime Minister

British Prime Minister Liz Truss resigned a month and a half after taking office.

She announced this at the rostrum on Downing Street, Sky News reports.

“I came into office at a time of great economic and international instability,” she said during her speech. “Families and businesses were worried about how to pay their bills.”

According to her, Britain “has been held back for too long by low economic growth”, and she together with her party were trying to change that.

Ms. Truss said the government had “paid the energy bills” and had also “set out a vision for a low tax, high growth economy that would take advantage of the freedoms of Brexit.”

“I recognise that, given the situation, I cannot deliver the mandate on which I was elected by the Conservative Party,” she said.

In addition, Ms. Truss said she had discussed her resignation with His Majesty King Charles III. She met with the chairman of the 1922 Committee, Sir Graham Brady, and they “agreed that there will be a leadership election, to be completed within the next week.”

“This will ensure that we remain to deliver our fiscal plans and maintain our country’s economic stability and national security.”

Ms. Truss will remain prime minister until a successor is chosen.

During her 45 days in office, Prime Minister Liz Truss lost two key ministers, the support of the electorate and the parliamentary group, and her rating dropped to 15%. 

None of the British prime ministers in modern history has achieved such an anti-rating, the BBC writes. Ms. Truss has served less as Prime Minister of Great Britain than any other Prime Minister in British history.

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