Written by on October 20, 2022

Liz Truss has resigned from office as UK Prime Minister in a statement outside Downing Street after meeting the Chairman of the 1922 Committee of backbench Members of Parliament as more Tories called for her to quit.

Her resignation is coming in what many describe as a disastrous tenure, after just six weeks in the office making her the shortest UK serving Leader ever.

Another Conservative leadership election is due to take place within a week in a bid to elect a new Prime Minister.

More than a dozen Conservative Members of Parliament had publicly called on Liz Truss to step down as Prime Minister with the number growing by the hour before she finally stepped down.

Truss came under renewed pressure to step down after Home Secretary, Suella Braverman resigned her position amid a chaotic vote on fracking in Parliament.

Deputy Prime Minister, Therese Coffey and Tory party chairman, Jake Berry were at Downing Street just before the resignation of UK Prime Minister, Liz Truss.

Truss fired her Finance Minister just last week over a Financial plan that caused upheaval in the market, though the plan has since been botched.

Her short time in office was defined by a market meltdown and constant speculation about her long-term future after a mini-budget full of unfunded tax cuts caused turmoil in the British economy.

But even when she leaves office, a week from now, it is very likely that her successor will inherit a mess that is unlikely to improve in a considerable short time.

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