The prime minister defended her low-tax, high-growth policy as she urged the United Kingdom to pursue economic prosperity with “courage.”
Liz Truss stated that “brighter days are ahead” for the nation in her final address before departing Number 10.
Ms. Truss, who became the UK’s shortest-serving prime minister after only seven weeks in office, wished Rishi Sunak “every success” as he assumes the helm.
However, she appeared to reaffirm her political ideology, stating that “Brexit freedoms” should permit reduced taxes and added, “We simply cannot afford to remain a low-growth nation.”
She stated, “I am more certain than ever that we must be courageous and meet the difficulties we face.”
According to the Roman philosopher Seneca, it is not because things are difficult that we lack courage, but rather because we lack the courage that they are difficult.
Ms. Truss traveled to Buckingham Palace to tender her resignation to the King.
Just before 11 a.m., the Royal Household announced that the event had occurred and that King Charles was “grateful to accept.”
Now, Mr. Sunak, the new head of the Conservative Party, is meeting with the King, who will ask him to establish a new government.
In her farewell address, the outgoing prime minister asserted that her administration “moved promptly and firmly on the side of hard-working people and companies” by reversing the increase in National Insurance and introducing winter heating bill assistance.
But there was no remorse for the recent economic instability caused by her tax-cutting mini-budget, which finally led to her downfall.
Instead, she disclosed her intention to remain in Parliament, “spending more time in my area and continuing to serve South West Norfolk from the backbench,” before reiterating the remarks she made upon entering Downing Street.
“Our nation continues to weather a storm, but I have faith in Britain,” she remarked. “I have faith in the British people and am confident that better days are ahead.”
After a summer-long struggle to replace Boris Johnson, Ms. Truss gained the keys to Number 10 at the beginning of September.
She defeated Mr. Sunak with 57% of party members’ ballots and pledged to “deliver, deliver, deliver”
The death of the Queen overshadowed the beginning of her premiership, as she attended tribute gatherings across the country to support the new queen and delivered a reading at the monarch’s funeral.
However, her tenure in government was characterized by the mini-budget that shook the markets and caused the pound to collapse at historic rates.
Ms. Truss attempted to restore her authority by sacking her chancellor Kwasi Kwarteng and replacing him with Jeremy Hunt, who reversed almost all of her plans within days.
But with the departure of her home secretary and the confusion caused by a vote on fracking in parliament, she acknowledged she could no longer continue in her position.
Four days later, Tory MPs chose Mr. Sunak to replace her, and he will soon become the new prime minister.