14.9 C
Monday, May 20, 2024

Liz Truss resigns as Britain’s Prime Minister after 6weeks in office


Related stories

WHO hosts the first forum on traditional medicine

The World Health Organization will convene its first summit...

Despite profit-taking, the price of oil still records a weekly rise

As the dollar rose and oil speculators took profits...

Kenya bans churches after allegations of killing worshipers who were starved

According to a government document made public on Friday,...

After announcing her intention to step down just six weeks into a disastrous term that plunged Britain deep into political and economic turmoil, Liz Truss will go down in history as Britain’s shortest-serving prime minister.

As more lawmakers from her own Conservative Party said they could no longer support her, Truss announced Thursday that she would step aside so that a new leader could be chosen within the next week.

It ends a disastrous Downing Street tenure that had seemed doomed ever since Truss’s flagship economic agenda caused markets to panic and caused the value of the pound to drop.

With his 119-day tenure in Downing Street ending with his death in 1827, George Canning previously held the record for the shortest tenure in that building. Truss, on the other hand, lasted just 45 days before announcing her resignation.

Read Also  Nigeria wins the 2023 Women's World Cup

Her choice ensures that there will be a new power struggle within the dominant Conservative Party, which has lost public support for the past year and has already ousted Boris Johnson and Truss in recent months.

This news is breaking. It will be revised…

Oh hi there 👋
It’s nice to meet you.

Sign up to receive awesome & exclusive content in your inbox, every week.

We don’t spam! Read our privacy policy for more info.

InsiderBLM is a fast-growing business site with deep financial, media, tech, and other industry verticals.


- Never miss a story with notifications

- Gain full access to our premium content

We don’t spam! Read our privacy policy for more info.

Latest stories