British Prime Minister Liz Truss had been struggling to keep her grip on power after a string of political tribulations since she came to office. She announced her resignation on Thursday.
In a short statement to the media, UK Prime Minister Liz Truss on Thursday announced an end to her time in office — after just over six weeks in the job.
Truss has faced mounting criticism after a tax-cutting mini budget unraveled spectacularly last month, sending markets and the pound sterling into freefall.
Truss said she had come into office at a time of great economic and international instability, adding: “I recognize, given the situation I cannot deliver the mandate on which I was elected by the Conservative Party.”
The head of the 1922 Committee of Conservative Party lawmakers Graham Brady visited the prime minister at her 10 Downing Street residence and office on Thursday. The committee arranges contests for a change of leader, and Brady’s role is to gauge whether or not the prime minister still has the support of Tory members of parliament.