Liz Truss resigns as British Prime Minister after a month in office

Liz Truss resigns as British Prime Minister after a month in office

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After receiving criticism from her rivals and members of her own Conservative Party for weeks, as well as the departure of two of her top cabinet nominees, British Prime Minister Liz Truss has tendered her resignation.Liz Truss resigns as British Prime Minister after a month in office

Within a few hours on Thursday morning, the number of Conservatives who openly called for the UK prime leader to resign increased to twelve.

Truss had campaigned on a platform of lowering taxes and reviving the nation’s economic expansion plan.

Just six weeks after she was appointed, this shocked the markets, caused a decline in the value of the British pound, and caused her Conservative Party to split.

She remarked in Downing Street,

“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 a path to deliver our fiscal plan and maintain our country’s economic stability and national security. I will remain as prime minister until a successor has been chosen. Thank you.”

Truss fired Kwasi Kwarteng, the Chancellor of the Exchequer, in response to growing criticism of her economic policies from both sides of parliament (finance minister).

Soon after, Liz Truss changed her supposedly “pro-growth” economic views.

Her decision to resign makes her the UK’s shortest-serving Prime Minister, breaking the previous mark of George Canning, who passed away from TB in 1827 after only four months in office.

Since she managed to become the Prime Minister, Truss will continue to receive her £115,000 annual allowance for the rest of her natural life.

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