British Prime Minister Liz Truss has announced her resignation as leader of the Conservative Party, after her policies triggered economic turmoil and division within the party.
“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.”
– Liz Truss, Former Prime Minister of the United Kingdom
Truss becomes the shortest-serving PM in British history with just 45 days, beating George Canning who died in office after 118 days in 1827.
The party will now hold another leadership contest, potential candidates are Rishi Sunak and former PM Boris Johnson, recently appointed Chancellor Jeremy Hunt will not participate.
The opposition Labour party called for an immediate general election.
“The Tories cannot respond to their latest shambles by yet again simply clicking their fingers and shuffling the people at the top without the consent of the British people. We need a general election – now.”
– Sir Keir Starmer, Leader of the Labour Party
Last month, Truss’ “mini-budget” triggered financial market turmoil, leading to several policy U-turns and the replacement of her chancellor.
