Liz Truss Resigns as UK Prime Minister After Just 6 Weeks in Post
Liz Truss Resigns as UK Prime Minister After Just 6 Weeks in Post

By Alexander Zhang

Liz Truss, who became UK prime minister just six weeks ago, has resigned after a significant number of Conservative MPs lost confidence in her leadership.

She is set to become the shortest serving British prime minister in history after failing to stem an open revolt from her own MPs demanding her departure.

Speaking in Downing Street shortly after Thursday lunchtime, Truss said she had told King Charles III that she is resigning as leader of the Conservative Party.

Prime Minister Liz Truss, watched by husband Hugh O’Leary, announces her resignation at 10 Downing Street, London, on Oct. 20, 2022. (Leon Neal/Getty Images)

With her husband Hugh O’Leary alongside her, she said she recognizes “given the situation I cannot deliver the mandate on which I was elected by the Conservative Party.”

Truss said she will stay on as prime minister until a successor is chosen via a leadership election to be held within the next week.

“This will ensure that we remain on a path to deliver our fiscal plan and maintain our country’s economic stability and national security,” she said.

But opposition parties have called for an immediate general election.

Labour leader Sir Keir Starmer demanded a general election “now” so that the nation can have “a chance at a fresh start.”

He said the Conservative Party “has shown it no longer has a mandate to govern” and “the British public deserve a proper say on the country’s future.”

Liberal Democrat leader Sir Ed Davey said: “We don’t need another Conservative prime minister lurching from crisis to crisis. We need a general election now and the Conservatives out of power.”

Labour leader Keir Starmer speaks during the TUC Conference at Brighton Centre in Brighton, England, on Oct. 20, 2022. (Chris J Ratcliffe/Getty Images)

Death of ‘Trussonomics’

Truss became prime minister on Sept. 5 after defeating former Chancellor Rishi Sunak in the Conservative Party leadership campaign triggered by Boris Johnson’s resignation.

She then set out to implement her economic vision for Britain to become a “low-tax, high-growth economy that would take advantage of the freedoms of Brexit.”

Her government used the “mini-budget,” delivered by then-Chancellor Kwasi Kwarteng on Sept. 23, to jump start her new economic program—nicknamed “Trussonomics”—with massive tax cuts worth £45 billion ($50 billion).

UK Prime Minister Liz Truss and Chancellor of the Exchequer Kwasi Kwarteng visit Berkeley Modular, in Northfleet, England, on Sept. 23, 2022. (Dylan Martinez/WPA Pool/Getty Images)

But it went badly wrong, as her plan to fund the tax cuts with government borrowing instead of spending cuts led to fears of unsustainable government debt levels.

The ensuing turmoil in the financial markets caused the pound to fall steeply against the dollar and led to an increase in the borrowing costs for both the government and British households.

Truss was forced to sack Kwarteng and carry out a series of humiliating U-turns. Jeremy Hunt, the new chancellor of the Exchequer, subsequently overturned almost her entire economic plan set out just three weeks ago.

Despite her effort to salvage her premiership, the approval ratings for her and her Conservative Party had collapsed, with Labour now enjoying a comfortable lead in opinion polls.

Truss’s 44 days in office falls months behind the next shortest premiership of Tory statesman George Canning, who spent 118 full days as prime minister in 1827 before dying in office.

PA Media contributed to this report.

Affiliate News Feeds

  • Reuters
  • Washington Examiner
  • The Federalist
  • The Epoch Times
  • The Guardian
  • The Gateway Pundit
  • Judicial Watch

By Naveen Athrappully France is banning short-haul domestic flights when there is a regular and frequent train option that takes less than two and a half hours, after a 2021 climate law, No… [...]

By Katabella Roberts House Minority Leader Kevin McCarthy (R-Calif.) vowed on Sunday that the fiscal 2023 National Defense Authorization Act (NDAA) will not move forward unless the military’s COVID-19 vaccine mandate ends. Speaking on Fox Business Network’s “Sunday… [...]

By Jim Hoft, The Gateway Pundit Sam Bankman-Fried, the CEO of FTX cryptocurrency exchange, announced in May that he would donate “north of $100 million” and up to a “soft… [...]

California lawmakers are once again poised to introduce legislation to tax Big Oil despite public backlash over a similar move earlier this year. [...]

The Supreme Court heard oral arguments Monday in a case about whether a custom webpage designer who disagrees with LGBT marriage can refuse to create a website for a same-sex… [...]

President Joe Biden is considering the idea of removing the COVID-19 vaccination mandate for U.S. service members, though he backs Defense Secretary Lloyd Austin’s continued support for the measure. [...]

Even corrupt corporate media are willing to acknowledge the risk of nuclear war is 'now a daily issue for the Biden administration.' [...]

A legal rep for the Loudoun County School Board engaged in witness tampering during an investigation into an alleged sexual assault. [...]

The attack on Lorie Smith is both authoritarian and unconstitutional. [...]

A recently discovered filing in a court case relating to Big Tech censorship revealed that the office of Arizona Secretary of State Katie Hobbs coordinated with Twitter to censor election… [...]

The Biden administration has claims it drained the heavily depleted U.S. Strategic Petroleum Reserve (SPR) in order to save the “global economy.” The White House’s International Energy Affairs adviser, Amos… [...]

To some, it’s an arcane discussion among constitutional scholars that reads like cement. To others, it’s a brazen grab for “runaway legislative power” by state lawmakers who say the U.S.… [...]

Labour-endorsed study finds initiative would save families thousands of pounds, cut benefits spending and raise tax revenuesFree universal preschool childcare and more funding for after-school clubs could increase government revenues… [...]

Union recommends members reject latest offer and adds 24-27 December strike but drops overtime ban Hopes of a deal to avert severe Christmas rail disruption were dashed on Monday night… [...]

PM caves in as up to 100 Tory MPs threaten to rebel, leading Labour to accuse him of putting party before countryRishi Sunak is to drop compulsory housebuilding targets to… [...]

Kari Lake told Tucker Carlson on Monday night following the 2020 Arizona midterm election for governor that was awarded to Katie Hobbs. Previously, Tucker Carlson told Kari Lake that the… [...]

Dr. Simone Gold, President and Chairman of America’s Frontline Doctors, wrote a letter to Elon Musk on Monday, asking to be included in a team of medical experts who will… [...]

The Gateway Pundit reported on thermal drone video showing a massive group of illegal aliens marching like soldiers and illegally crossing into private property into Eagle Pass, Texas one day after Chuck… [...]

Top Headlines of the Week Press Releases Judicial Watch: Secret Service Has Repeatedly Changed Story on Existence of Hunter Biden Gun Records Judicial Watch announced recently that the United States… [...]

From The European Conservative: In recent days, we have seen news reports proclaiming the Ukrainian victory along the western bank of the Dnipro River in the city of Kherson. These… [...]

Secret Service Repeatedly Changes Its Story on Hunter Biden Gun Records What is the Secret Service Hiding about Biden Raid on Trump’s Home? Judicial Watch Sues to Find Out! Judicial… [...]

USNN2020

USNN World News (USNN) USNN World News Corporation is a media company consisting of a series of sites specializing in the collection, publication and distribution of public opinion information, local,...