Liz Truss Resigns: British Prime Minister Liz Truss has resigned after an open rebellion against her leadership. Truss was the Prime Minister of Britain for the shortest time. Announcing her resignation at Ten Downing Street, Truss said she was stepping down because she realized she would not be able to fulfill her promise of economic reforms.
How was the tenure of Liz Truss
5 September 2022 Ko Liz Truss defeated his party rival Rishi Sunak by a margin of 20,927 votes. While he had secured a total of 81326 votes, Sunak got 60,399 votes.
8 September Britain’s Queen Elizabeth II died and national mourning was declared throughout the country.
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23 September On Friday, Finance Minister Quasi Quartengo cut the tax while announcing new economic reforms and he named it mini budget. The announcement of budget cuts caused instability in the UK. So much so that Finance Minister Quasi Quartengo had to resign from his post. According to political analysts, the countdown of Liz Sarkar started from here.
26 September The pound reached its lowest level against the dollar. The pressure on the truss government started increasing.
October 3 The truce government withdrew the mini budget of Finance Minister Quasi Quartengo. Despite this, the political difficulties of the newly appointed PM Liz Truss did not subside and the pressure on him continued to increase.
14 October Amid heavy political pressure, Liz removed the then Finance Minister Quasi Quartengo and appointed Jeremy Hunt as Britain’s new finance minister. But the opposition to the truce did not end there.
19 October Indian-origin British Home Minister Suella Braverman resigned in London citing reasons for using her personal e-mail ID for an official communication. He said that I made a mistake, I accept the responsibility.
20 October Liz resigned from her post amidst heavy opposition in the Ko party, saying that she is not able to fulfill the promises of economic reforms with which she became the Prime Minister of Britain, so she is resigning from her post.