UK Prime Minister Resigns:
After her economic plan shocked the markets and split her Conservative Party just six weeks after taking office, Liz Truss announce her resignation as prime minister on Thursday.
The results of the leadership election will be known within the coming week.
Speaking to reporters outside her office at Number 10 Downing Street, Truss acknowledged that after losing the confidence of her party, she could not keep the commitments she made when campaigning for Conservative leader.
“I realise, nonetheless, that the circumstances prevent me from carrying out the Conservative Party’s mandate for my election. As a result, I have informed His Majesty the King that I am stepping down as the head of the Conservative Party, she stated.
“I met Sir Graham Brady, the 1922 Committee’s chairman, this morning. We’ve decided that the next week will see the conclusion of the leadership election. This will guarantee that we stay on track to carry out our fiscal objectives and uphold the economic stability and security of our nation.
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