British Prime Minister Liz Truss announces resignation after 6 weeks in office
Liz Truss said on October 20 that she would resign as prime minister because her economic agenda had led to market turmoil and divided the Conservative Party just six weeks after taking office, Reuters reported.
An election to find a new leader is due to be held next week. Speaking at 10 Downing Street, Ms Truss admitted she would not be able to deliver on her promise to lead the Conservative Party.
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British Prime Minister Liz Truss. Photo: Reuters |
Liz Truss said she had set out a vision for a low-tax, high-growth economy that would benefit from the freedom of Brexit.
"I acknowledge that I have failed to carry out this duty when I was elected by the Conservative Party. I am here to inform the King that I will resign as leader of the Conservative Party," Prime Minister Liz Truss said.
"This morning I met the Chairman of the 1922 Committee, Sir Graham Brady. We agreed that there should be a new leadership election completed next week. This will ensure we remain on track to deliver our fiscal plans and maintain economic stability and national security."
With this decision, Ms. Liz Truss will become the shortest-serving prime minister ever in Britain./.