Liz Truss has resigned as the Prime Minister of the United Kingdom.
She was only 45 days
in office. This makes her the shortest-serving prime minister in the history of
the UK.
In an announcement today (Thursday, October 20, 2022) outside 10 Downing Street, London, the official residence and office of British premiers, Ms. Truss told the British people that although she was stepping down from office, she would, however, “remain as Prime Minister until a successor has been chosen”
Her resignation today brings to a climax the serious crisis that had dogged her political authority leading to loss of confidence of most Members of Parliament of her own party and devastating crash in the country's stock market with tremendous pressure on the UK economy.
Two key ministers in her government have also resigned.
Full text of her resignation speech read today, Thursday,
October 20, 2022
I came into office at a time of great economic and international instability.
Families and businesses were worried about how to pay their bills.