Truss becomes the shortest-serving PM in U.K. history.
Reuters | Posted: 7 hours ago | Updated: 2 minutes ago | 3 Min ReadLONDON - Liz Truss said on Thursday she was resigning as British prime minister just six weeks after she was appointed, brought down by an economic programme that sent shockwaves through financial markets last month and divided her Conservative Party.
A leadership election will be completed within the next week to replace Truss, who is the shortest serving prime minister in British history. George Canning previously held the record, serving 119 days in 1827 when he died. Appointed on Sept. 6, Truss was forced to sack her finance minister and closest political ally, Kwasi Kwarteng, and abandon almost all her economic programme after their plans for vast unfunded tax cuts crashed the pound and British bonds. Approval ratings for her and her Conservative Party collapsed.
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British Prime Minister Liz Truss Resigns After Six Weeks in OfficeI wonder how long the next PM will last.
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UK's Liz Truss quits after turmoil obliterated her authorityBritish Prime Minister Liz Truss resigned Thursday — bowing to the inevitable after a tumultuous, short-lived term.
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UK PM Liz Truss resigns amid government chaosLONDON — Liz Truss said on Thursday she was resigning as British prime minister, brought down by her economic program that sent shockwaves through the markets…
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