British Prime Minister Liz Truss has announced her resignation following weeks of criticism from her opponents and members of her own Conservative Party and the resignation of two of her top Cabinet picks.
Prime Minister Liz Truss walks out of No.10 to announce her resignation at Downing Street on Thursday in London.LONDON —
She said she came into office at a time of great economic instability and was elected with a mandate for change, but,"I recognize though I cannot deliver the mandate."Serving just six weeks in office, Truss is one of the shortest-serving premiers in British political history. A series of significant missteps meant that much of the political vision she outlined during her campaign for leader was ditched after seriously adverse reactions from financial markets.
As a consequence, British mortgage costs looked set to soar, while import costs rose for businesses as well, and over the course of several weeks, Truss was forced to reverse her plans piece by piece until eventually she sacked Kwarteng and replaced him with a former political rival, Jeremy Hunt, as finance minister.
Under a scornful line of questioning Wednesday from her chief political antagonist, Labour leader Sir Keir Starmer, and amid jeers from opposition members, Truss insisted to parliament that she was a"fighter, not a quitter."
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