After defeating Rishi Sunak in the Conservative Party leadership campaign and seeing the Queen at Balmoral on September 6, Liz Truss succeeded Boris Johnson as prime minister.
Liz Truss resigned from her position as prime minister just 44 days after succeeding Boris Johnson.
She will have the shortest tenure of any British prime minister in history.
Next Friday, a new leader is scheduled to be elected.
In a statement read in front of Downing Street, Ms. Truss stated, “I took office during a period of considerable economic and international upheaval.
Families and companies were concerned about their ability to pay their expenses.
She stated that she was elected “with a mandate to change this” and added, “We successfully reduced energy costs.”
“I recognize, however, given the circumstances, that I cannot carry out the Conservative Party’s mandate on which I was elected,” she stated.
“Therefore, I have informed His Majesty the King of my resignation as head of the Conservative Party.
“This morning, I met with Sir Graham Brady, head of the 1922 committee. We have agreed that a leadership election will take place within the next week.”
Ms. Truss will serve as prime minister until her replacement is selected.
Sir Graham stated that they anticipate concluding a leadership election by October 28 and having a new prime minister in place by October 31.
He stated that Tory members are likely to be able to vote, but that the number of candidates could be reduced to one.
A senior Tory source suggested that nominations must be submitted by Monday.
Ms. Truss resigned less than twenty-four hours after telling MPs she was “a fighter, not a quitter.”
Who will be the next prime minister?
There has been considerable conjecture about who could succeed Ms. Truss, with new chancellor Jeremy Hunt among the most prominent candidates.
Penny Mordaunt, Rishi Sunak, Kemi Badenoch, and even Boris Johnson are also being considered as candidates for the Conservative Party.
Former candidate for leadership Tom Tugendhat has ruled himself out.
Ms. Mordaunt and the Justice Secretary, Mr. Brandon Lewis, are polling Tory MPs on whether or not they would enter the race.
Tory MP James Duddridge, a loyal Johnson supporter, tweeted his support for the former prime minister, who is now on vacation in the Caribbean.
“I hope you had a wonderful vacation, boss,” he remarked.
“It’s time to return. There are a few challenges at work that require resolution. #bringbackboris.”
Sir Keir Starmer, leader of the Labour Party, demanded a general election “immediately” because the British voters “must have a chance to start over.”
He continued, “The Conservatives cannot respond to their most recent debacle by merely clicking their fingers and moving the leadership without the permission of the British people.”
They have no authority to subject the nation to yet another experiment; Britain is not their kingdom to govern as they see fit.
The beginning of Truss’s decline
Ms. Truss’ collapse began when her former chancellor Kwasi Kwarteng unveiled his mini-budget a month ago, which sparked weeks of economic upheaval and ultimately led to his dismissal on Friday.
Mr. Hunt, who voted for Rishi Sunak during the leadership election, became chancellor on Monday and reversed his position on the majority of the unfunded mini-budget tax cuts, severely undermining Ms. Truss’ authority.
Suella Braverman resigned on Wednesday afternoon after admitting she had violated security regulations by sending a policy message to a colleague over her email.
Wednesday evening’s misunderstanding over whether Labour’s opposition day vote was a vote of confidence in the government led to charges of “manhandling” of Conservative MPs by comrades.
Some Conservative MPs had already called for Ms. Truss’ resignation, but in the hours before she resigned, a rush of Conservative MPs indicated they wanted her to leave.
Conservative Party rules prohibit a confidence vote in the first year of a leader’s tenure, but it is believed that after a large number of MPs wrote to Sir Graham Brady, chair of the 1922 Committee of backbench Conservative MPs, urging her to resign, a decision was made that she could not remain in office.
