fbpx
FedEx Establishes Direct Presence in Nigeria to Support Customers with International TradeRead more Open Society Foundations (OSF) Award $1.1 Million Grant to Afrobarometer to Spur Future GrowthRead more The annual Global Impact Conference 2022 brings together visionary business leaders to revolutionize educational systems and inspire collaborative actionRead more APO Group announces content partnership with Pan-African broadcaster VoxAfricaRead more MainOne, an Equinix Company’s MDXi Appolonia Achieves Tier III Constructed Facility certification (TCCF), Now Most Certified Data Center in GhanaRead more United Nations High Commissioner for Refugees (UNHCR) warns rising tide of hunger, insecurity, and underfunding worsening gender-based violence risksRead more The Royal Thai Embassy presents the cultures of Thailand at the Association of Southeast Asian Nations (ASEAN) Festival in KenyaRead more Climate change is the biggest global threat, young people in Africa and Europe tell European Investment Bank (EIB), Debating Africa and Debating EuropeRead more $2 million in prizes awarded at Conference of the Parties (COP27) to African youth-led businessesRead more Africa and Europe’s top business and public sector leaders gather to chart Africa’s economic rebirthRead more

Liz Truss resigns after 6 weeks, making her shortest-serving UK premier ever

show caption
LONDON, UNITED KINGDOM - Foreign Secretary Liz Truss arrives at the Conservative Campaign Headquarters in Westminster after winning the Tory leadership contest in London, United Kingdom on September 05, 2022. (Wiktor Szymanowicz - Anadolu Agency)
Print Friendly and PDF

Oct 20, 2022 - 01:29 PM

LONDON (AA) – British Prime Minister Liz Truss stepped down on Thursday, making her the shortest-serving premier in British history.

Truss’ resignation follows a mini-budget produced by her government and based on her ideas that crashed the economy and sparked chaos in financial markets, resignations and sackings in her government, and the evaporation of discipline and unity within the ruling Conservative Party.

A leadership election will be held and completed within a week, with Truss staying in post until then.

Speaking outside 10 Downing Street, Truss said she was elected against the backdrop of soaring energy bills and with a mandate to change Britain’s low-growth economy.

She said: “We delivered on energy bills on cutting National Insurance and we set out a vision for a low tax high growth economy, that we’re taking advantage of the freedoms of Brexit.”

However, she continued: “I recognize though that given the situation, I cannot deliver the mandate on which I was elected by the Conservative Party.”

Truss said he had spoken to King Charles III to notify him about her resignation as the Conservative Party leader.

She added: “This morning I met the chairman of the 1922 Committee Sir Graham Brady. We have agreed that there will be a leadership election to be completed within the next week.

“This will ensure that we remain on a path to deliver our fiscal plans and maintain our country’s economic stability and national security. I will remain as prime minister until a successor has been chosen.”

Truss has served as prime minister for six weeks.

MAORANDCITIES.COM uses both Facebook and Disqus comment systems to make it easier for you to contribute. We encourage all readers to share their views on our articles and blog posts. All comments should be relevant to the topic. By posting, you agree to our Privacy Policy. We are committed to maintaining a lively but civil forum for discussion, so we ask you to avoid personal attacks, name-calling, foul language or other inappropriate behavior. Please keep your comments relevant and respectful. By leaving the ‘Post to Facebook’ box selected – when using Facebook comment system – your comment will be published to your Facebook profile in addition to the space below. If you encounter a comment that is abusive, click the “X” in the upper right corner of the Facebook comment box to report spam or abuse. You can also email us.