UK Prime Minister Liz Truss announces resignation after a month and a half in power
2 years, 2 months ago

UK Prime Minister Liz Truss announces resignation after a month and a half in power

ABC  

Liz Truss will become the shortest-serving prime minister in Britain's history after bowing to pressure from her own MPs to resign following a disastrous start to her premiership. Key points: British Prime Minister Liz Truss has announced she will step down from her position That decision makes her the shortest-serving prime minister in the history of the United Kingdom The Conservative Party is expected to select a new leader by the end of next week It follows weeks of plummeting opinion polls and turmoil in financial markets following her government's mini-budget at the end of last month. Concerns around Prime Minister Liz Truss and former chancellor of the exchequer Kwasi Kwarteng's mini-budget sparked turmoil in UK financial markets over the past month. British Home Secretary Suella Braverman resigns Photo shows Suella Braverman QC walks outside 10 Downing Street Ms Braverman, who was appointed on September 6, said she had "serious concerns" over the direction of Liz Truss's government. Race now on to replace Truss There is speculation former prime minister Boris Johnson may run again for the Conservative Party leadership.

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