Just six weeks after she assumed office, Liz Truss resigned from office.
Liz Truss succeeded Boris Johnson as prime minister after defeating Rishi Sunak in the Conservative Party leadership contest and was formally appointed by Queen Elizabeth II on Sept. 6.
Liz Truss is to issue a statement resigning as the Prime Minister of the United Kingdom, after just 45 days, following a disastrous and rapidly reversed economic plan that sent the pound plunging and her government into turmoil, a process begun by last month’s disastrous mini-budget.
Truss, who would become the shortest-serving prime minister in UK history, has been urged by Tory MPs to go, given that her government was engulfed by political chaos, after the resignation of Suella Braverman as home secretary and following the ditching of most of her economic policies.
Who will the next PM be?
There have been many assumptions about who could replace Ms. Truss. The Conservative party so far has been unable to coalesce around a successor, although Jeremy Hunt-the new chancellor has all been mentioned as a possible successor, with other Tory MPs being suggested are Rishi Sunak, Penny Mordaunt, and even Boris Johnson.
Ms. Truss’ government descent started when her former chancellor Kwasi Kwarteng announced his mini-budget, which spurred weeks of economic turmoil, prompting Truss to sack and replace him with Jeremy Hunt, the former foreign secretary, and health secretary.
Truss made Kwarteng take the blame for September’s mini-budget, despite it being widely recognized as a joint project. Facing a mutiny by her MPs as mortgage costs rocketed, she sacked Kwarteng but was unable to explain why she should stay on when the tax-cutting measures had been strongly endorsed by her as well.
Liz Truss resigned as U.K. prime minister, saying she cannot deliver the mandate on which she was elected.
There will be an election to choose a new prime minister in the coming week, and Ms. Truss will remain as the PM until her successor has been chosen.
Ms. Truss becomes the shortest-serving prime minister with just 45 days in office.
