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Title    UK Prime Minister Liz Truss Resigns
Date    Thursday October 20 2022, @01:45PM
Author    takyon
Topic   
from the it's-OK,-she-hasn't-finished-unpacking-yet dept.
https://soylentnews.org/breakingnews/article.pl?sid=22/10/20/1340237

takyon writes:

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
Liz Truss: UK prime minister resignation speech in full
Pound rallies as Liz Truss announces resignation

Liz Truss (Wikipedia).


Original Submission

Links

  1. "takyon" - https://soylentnews.org/~takyon/
  2. "UK Prime Minister Liz Truss resigns after failed budget and market turmoil" - https://www.cnbc.com/2022/10/20/uk-prime-minister-liz-truss-resigns-after-failed-budget-and-market-turmoil.html
  3. "BBC" - https://www.bbc.com/news/live/uk-politics-63309400
  4. "The Guardian" - https://www.theguardian.com/politics/live/2022/oct/20/uk-politics-live-liz-truss-tories-turmoil-suella-braverman-resigns-fracking
  5. "CNN" - https://www.cnn.com/uk/live-news/liz-truss-prime-minister-intl-gbr/index.html
  6. "NYT" - https://www.nytimes.com/live/2022/10/20/world/liz-truss-news
  7. "Liz Truss resigns as prime minister after Tory revolt" - https://www.bbc.com/news/uk-politics-63332037
  8. "Liz Truss: UK prime minister resignation speech in full" - https://www.bbc.com/news/uk-63328000
  9. "Pound rallies as Liz Truss announces resignation" - https://www.bbc.com/news/business-63326809
  10. "Liz Truss" - https://en.wikipedia.org/wiki/Liz_Truss
  11. "Original Submission" - https://soylentnews.org/submit.pl?op=viewsub&subid=57383

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printed from SoylentNews, UK Prime Minister Liz Truss Resigns on 2024-02-29 08:18:00