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posted by takyon on Thursday October 20 2022, @01:45PM   Printer-friendly
from the it's-OK,-she-hasn't-finished-unpacking-yet dept.

UK Prime Minister Liz Truss resigns after failed budget and market turmoil

U.K. Prime Minister Liz Truss resigned Thursday following a failed tax-cutting budget that rocked financial markets and which led to a revolt within her own Conservative Party.

Truss said in a statement outside Downing Street: "We set out a vision for a low-tax, high-growth economy that would take advantage of the freedoms of Brexit."

"I recognize though, given the situation, I cannot deliver the mandate on which I was elected by the Conservative Party. I have therefore spoken to His Majesty the King to announce that I am resigning as leader of the Conservative Party."

The party is now due to complete a leadership election within the next week, faster than the usual two-month period. Graham Brady, the Conservative politician that is in charge of leadership votes and reshuffles, told reporters he was now looking at how the vote could include Conservative MPs and the wider party members.

Truss was in office for just 44 days, on 10 of which government business was paused following the death of Queen Elizabeth II.

Live updates: BBC, The Guardian, CNN, NYT.

Liz Truss resigns as prime minister after Tory revolt
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Liz Truss (Wikipedia).


Original Submission

 
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  • (Score: 3, Touché) by RedGreen on Thursday October 20 2022, @04:28PM (1 child)

    by RedGreen (888) on Thursday October 20 2022, @04:28PM (#1277558)

    "(the word "turkeys" and "christmas" spring to mind). "

    "Goose" and "cooked" spring to mine as a proper analogy for the situation. Also a lovely Christmas meal quite popular in Brittan if they can afford it this year....

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  • (Score: 5, Informative) by c0lo on Thursday October 20 2022, @10:47PM

    by c0lo (156) on Thursday October 20 2022, @10:47PM (#1277597) Journal

    "Goose" and "cooked" spring to mine as a proper analogy for the situation.

    You may be onto something.

    to truss [cambridge.org]
    - to tie the arms and legs of someone together tightly and roughly with rope to prevent them from moving or escaping
    - to prepare a bird for cooking by tying its wings and legs to its body

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    https://www.youtube.com/watch?v=aoFiw2jMy-0