BREAKING: Liz Truss Resigns As UK Prime Minister After 45 Days in Office

Liz Truss has resigned as prime minister and will step down after a week-long emergency contest to find her successor, she has announced outside Downing Street.

 

Liz Truss smiles and waves as she arrives at Conservative Party Headquarters in central London having been announced the winner of the Conservative Party leadership contest at an event in central London on September 5, 2022. – Truss is the UK’s third female prime minister following Theresa May and Margaret Thatcher. (Photo by Daniel LEAL / AFP) (Photo by DANIEL LEAL/AFP via Getty Images)

It follows a turbulent 45 days in office during which Truss’s mini-budget crashed the markets, she lost two key ministers, and shed the confidence of almost all her own MPs.

She said, “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.

“This morning I met the chairman of the 1922 Committee, Sir Graham Brady. We’ve agreed that there will be a leadership election to be completed within the next week. This will ensure that we remain on behalf to deliver our fiscal plans and maintain our country’s economic stability and national security. I will remain as prime minister until a successor has been chosen.”

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The Conservative party will hold a leadership election within the next week to replace Truss, who is the shortest-serving prime minister in British history.

The opposition Labour party called for an immediate general election.

Truss succeeds Boris Johnson who resigned from his appointment as PM in July over a series of scandals.

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