BREAKING: UK Prime Minister, LIz Truss resigns

160

Just a month and a half after taking office, British Prime Minister Liz Truss has announced her resignation and said her successor would be elected by the end of next week.

“I recognise that given the situation I cannot deliver the mandate on which I was elected by the Conservative Party. I have therefore spoken to His Majesty the King to notify him that I am resigning as leader of the Conservative Party,” Truss said.

A leadership election for MPs to select her successor will be “completed within the next week,” she added.

Truss was UK’s third female PM after Margaret Thatcher and Theresa May.

Thursday’s development came after her new Chancellor of the Exchequer, Jeremy Hunt, rolled back virtually all of her economic agenda.

Hunt’s move was supposed to be an impetus for growth, but it became Truss’s declaration of political bankruptcy.

At the beginning of this month, at the Conservative Party Conference in Birmingham, Truss had still attempted to rally the party around her controversial approach of boosting Britain’s economy.

“I have three priorities for the economy: growth, growth, growth,” she said.

Truss was UK’s third female PM after Margaret Thatcher and Theresa May.




Leave a Reply

Your email address will not be published. Required fields are marked *