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Liz Truss Resigns As UK Prime Minister

Liz Truss Resigns As UK Prime Minister

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On Thursday, October 20, Liz Truss resigns as prime minister of the United Kingdom.

Liz Truss, who succeeded Boris Johnson, is the shortest prime minister in the history of the UK and the third leader to leave office early in a row. As a result of her party’s contentious economic strategy, she was already facing intense pressure to quit. By the end of the month, conservatives are anticipated to select a new leader.

Liz Truss, the British prime minister, left office after only one and a half months in office. She is the shortest-serving UK leader in history and the third in a row to leave office before the end of her tenure.

Truss, who took over as the nation’s leader in replacement of Boris Johnson, was already facing intense pressure to step down due to a contentious economic plan that generated outrage in the market and within his own party.

In order to try to close the gap in the public accounts, the plan called for a massive and drastic tax cut and a billionaire loan. The country had a very negative reaction to the proposal at the time, which coincided with the UK’s inflation rate exceeding 10%, which was the highest in the previous 40 years and caused the pound to plunge to an all-time low against the dollar.

Liz Truss announced her resignation to King Charles III in a statement outside Downing Street, the British government’s headquarters in London. She husband was also there.

  • “We set a vision for a low tax that would allow us to enjoy the freedom of Brexit.
  • I recognize that I cannot deliver the mandate I was elected to,” she said.
Liz Truss announces her resignation as prime minister outside Number 10 on Thursday © Kirsty O’Connor/PA
Liz Truss announces her resignation as prime minister outside Number 10 on Thursday © Kirsty O’Connor/PA

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