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 program had led to market fluctuations and divided the Conservative Party just six weeks after taking office, Reuters reported.
An election to find a new leader will be held next week. Speaking at 10 Downing Street, Ms Truss admitted she could not fulfil her promise when she ran for the Conservative leadership.
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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 was unable 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 will 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./.