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UK Prime Minister Liz Truss Resigns; PM became the youngest ruler.

UK Prime Minister Liz Truss Resigns

British Prime Minister Liz Truss resigned six weeks after her appointment. Truss admitted that she was unable to keep the promises she made to her while she was running for Conservative Leader, as she had lost the party’s trust in her.

The Conservative leadership will be elected within the next week. Earlier, Conservative Party officials had also met in Downing Street while many Truss MPs called on him to resign.

Liz Truss’s resignation: Key details

  • Truss became the shortest-tenured prime minister in British history for 45 days. Previously, George Canning had set the record in 1827, serving 119 days when he passed away.
  • Appointed on September 6, 2022, the forty-seven-year-old Truss was forced to abandon his finance minister and closest political ally, Kwasi Quarteng, and give up nearly all of his economic programs due to their vast unrestricted taxes. Strategy The pound had crashed, and the British bond.
  • Truss’s premiership came under renewed pressure after the Home Secretary resigned and a chaotic vote on fracking.
  • There was fury over the vote and the process used to vote for deputies with the government.

 

Who is Liz Truss?

  • Mary Elizabeth Truss, better known as Liz Truss, born on July 26, 1975, is a British politician.
  • Truss has served as Prime Minister of the United Kingdom since September 6, 2022, and on October 20, 2022, she announced her resignation as Prime Minister and Leader of the Conservative Party.
  • Liz Truss will serve as Prime Minister until she names a successor.
  • Truss also held cabinet positions under David Cameron, Boris Johnson, and Theresa May.
  • She served as Foreign Secretary from 2021 to 2022 and as the Member of Parliament for South West Norfolk from 2010.

Background

Liz, her former leadership rival Rishi Sunak, is the bookmaker’s favorite to reign in 10th place, followed by Penny Mordant and Secretary of Defense Ben Wallace. Chancellor Jeremy Hunt has confirmed that she will not fight to become the UK’s next Conservative Leader and Prime Minister.

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