U.K Prime Minister

Truss' announcement follows weeks of criticism from her opponents and members of own her Conservative Party, and the resignation of two of her top Cabinet ...

Braverman was replaced by another Conservative whom Truss had pushed out of her cabinet just six weeks earlier when she took office. Within days, Hunt had almost entirely canceled the remainder of Truss' economic program, and as opponents inside and outside her Conservative Party began calling for her to step down, another senior cabinet member, interior minister Suella Braverman, was herself forced to resign for sending a sensitive document from a personal email account. A series of significant missteps meant that much of the political vision she outlined during her campaign for leader was ditched after seriously adverse reactions from financial markets.

British Prime Minister Liz Truss has resigned. She has bowed to the inevitable after a tumultuous term in which her policies triggered turmoil in financial ...

He said the government will need to save billions of pounds and there are “many difficult decisions” to be made before he sets out a medium-term fiscal plan on Oct. The Bank of England was forced to intervene to prevent the crisis from spreading to the wider economy and putting pension funds at risk. The plan’s 45 billion pounds ($50 billion) in unfunded tax cuts sparked turmoil on financial markets, hammering the value of the pound and increasing the cost of U.K. “It’s time for the prime minister to go,” lawmaker Miriam Cates said. We need a general election now.” The prime minister’s spokesman had said Truss intended to remain in office. On Monday Kwarteng’s replacement, Hunt, scrapped almost all of Truss’ tax cuts, along with her flagship energy policy and her promise of no public spending cuts. A growing number of lawmakers had called for Truss to resign after weeks of turmoil sparked by her economic plan. He said Truss had “about 12 hours” to turn the situation around. It’s all sort of hand-to-hand fighting on a day-to-day basis,” he told the BBC on Thursday. In a major blow, Home Secretary Suella Braverman resigned Wednesday after breaching rules by sending an official document from her personal email account. With Conservatives holding a large parliamentary majority, an opposition call for a fracking ban was easily defeated.

Britain's Prime Minister Liz Truss delivers a speech outside of 10 Downing Street in central London on October 20, 2022 to announce her resignation.

At Oxford, she was president of the university's Liberal Democrat branch. I have therefore spoken to His Majesty the King to notify him that I am resigning as leader of the Conservative Party," Truss said. More than a dozen Conservative MPs had publicly urged Truss to resign just six weeks into office, after her tax-cutting plans caused a market meltdown during an already severe cost-of-living crisis. The pound traded around 0.4 percent higher against the dollar to $1.1273 after Truss ended six tumultuous weeks in power -- but analysts said gains were pared by the ongoing uncertainty. "She's always been outspoken. On Thursday, Truss was forced to announce her own resignation, a week after firing her finance minister and "ideological soulmate", Kwasi Kwarteng, in a desperate bid to shore up her position.

The UK's next Prime Minister may be decided within a week by the Conservative party leaders amid Labour party demands for general elections.

A case of harassment involving Conservative MP Chris Pincher was apparently not dealt with appropriately by Johnson, and this seemed to be the tipping point for the loss of faith among senior ministers. Her general popularity did not have strong backing, and she had been struggling in the opinion polls. Keir Starmer, leader of the opposition Labour Party, said “The Conservative Party has shown it no longer has a mandate to govern. Senior cabinet members’ resignations, followed by the Prime Minister’s resignation — this same pattern of events had been witnessed in July as well. Britain’s central bank, the Bank of Truss, who took charge just 45 days ago, has had the shortest tenure as PM in British history.

The end for Truss came after a key minister resigned and many Tory MPs rebelled over an important vote in chaotic scenes.

TheDaily Telegraph reported that Braverman left after a "heated face-to-face row" with Truss and Hunt "over their demands to soften her stance on immigration". Conservative lord Ed Vaizey said the "only way out of this mess is for Liz Truss to stand down and for somebody to be appointed as prime minister by Conservative MPs". "The prime minister acknowledges yesterday was a difficult day and she recognises the public wanted to see the government focusing less on politics and more on delivering their priorities," her official spokesman told reporters. The end for Truss came after a key minister resigned and many Tory MPs rebelled over an important vote in chaotic scenes at the House of Commons late Wednesday. Speaking in Downing Street, Truss said she would stay on as prime minister until a successor is chosen to serve as Tory leader. Truss bowed to the inevitable after her right-wing platform of tax cuts disintegrated and as many MPs among the ruling Conservatives revolted.

The PM said her successor will be elected in a Tory leadership contest, to be completed in the next week. Tory MPs urged Ms Truss to go after her government was ...

Jeremy Hunt – who was appointed chancellor last week – has said he will not stand in the leadership contest to be the next prime minister. The PM said her successor will be elected in a Tory leadership contest, to be completed in the next week. In a brief speech outside Downing Street, Ms Truss said the Conservative Party had elected her on a mandate to cut taxes and boost economic growth.

Truss is the fourth prime minister to resign since the Brexit vote of 2016. That's the fastest turnover in a century. No. 10 Downing Street has effectively ...

[Patrick Dunleavy](https://www.lse.ac.uk/government/people/emeritus-academic-staff/patrick-dunleavy), emeritus professor of political science and public policy at the London School of Economics, says flaws in the U.K.'s system of government and the way the Conservative Party chooses its leaders have also contributed to the ongoing turmoil. "It's a fantasy that many Brits are willing to believe, that because of our supposedly glorious past, we're also entitled to an equally glorious present or future," says Bale, whose new book, The Conservative Party After Brexit, comes out in March. Truss replaced Johnson in September, promising to kick-start the economy with tax cuts for corporations and the rich without reducing public spending. Tim Bale, a professor of politics at Queen Mary University in London, says one reason Tory prime ministers such as Johnson and Truss have flamed out is because they promised the public things they can't deliver. In another major miscalculation, she called a snap election in 2017, only to lose her party's control of the House of Commons. His government's slow response to COVID led to more than 200,000 deaths — the highest toll in Europe — and drew heavy criticism. The party then turned to Johnson, the charismatic if deeply flawed showman who had a track record of winning elections. While Johnson's government ruled out social gatherings to limit the spread of Covid, government staff held parties. Cameron hoped the vote in 2016 would end a civil war inside his own Conservative Party on Britain's relationship with Europe and keep the party in power. Johnson led the party to a landslide victory in 2019. That's the fastest turnover in a century. What's the matter with Britain?

Truss, the shortest serving prime minister in British history, resigned following a controversial tax-cutting budget.

Wallace, a former soldier, was defence minister for both Johnson and Truss, leading the UK’s pivotal role in the global response to He was also part of the team that brought home the body of Princess Diana following her car crash in Paris. Johnson is flying back to the UK this weekend, a journalist at the Daily Telegraph newspaper reported on Thursday. After causing trouble for leaders such as David Cameron and Theresa May, he finally became prime minister in 2019 and went on to win a landslide election victory. Despite being forced to explain that the prime minister was “not under a desk” – in response to accusations that Truss was in hiding – Mordaunt was seen to have coped well with a febrile House of Commons. They made the final decision based on promises by Truss to slash taxes and regulations without curbing government spending.

A disastrous series of self-inflicted wounds — which turned into a political death spiral — began with a misfired attempt by the Conservative Party leader to ...

The U.K. will by next week have its fifth prime minister since the 2016 Brexit referendum — the same number as in the previous 37 years.

May was unable to navigate a path between Brexit purists and pragmatists and stepped down after three difficult years. can stand tall as a global power. - When Johnson fell due to a string of scandals, with key Brexit questions still unresolved, the right flank in Parliament and in the broader party membership coalesced around Truss. The U.K. - For a large swath of the Conservative Party, faith in Brexit has been packaged together with a general suspicion of expertise and institutions, and a belief that an unshackled U.K. - May’s core challenge was to balance the promises of the Brexit campaign — “taking back control” on immigration and trade — with the need to preserve relations with a bloc that accounted for half of trade and shared a land border with the U.K.

Truss was a profile in failure. But her downfall also reflects deep divisions within Britain's Conservative Party.

[who will replace Truss.](https://www.washingtonpost.com/world/2022/10/20/uk-liz-truss-why-how-resignation/?itid=lb_liz-trusss-resignation_6) Truss said that there would be a leadership election to replace her “to be completed within the next week.” She said that she would “remain as prime minister until a successor has been chosen.” These are the [most prominent contenders. According to new polling released Tuesday, [only 10 percent of the country viewed Truss favorably](https://www.washingtonpost.com/politics/2022/10/18/britain-truss-conservative/?itid=lb_liz-trusss-resignation_5). Why did she resign?: Truss came to office with a vision for a low-tax, small government state. There were glimpses of schadenfreude and some sly smiles from leaders who sat on the other side of Brexit negotiations. But because the Tories, led by Johnson, won a general election in 2019, they don’t have to submit to another vote until 2024. The previous record-holder for shortest-serving prime minister was George Canning, who lasted 119 days — from April 12, 1827, until his death on Aug. “They do not have a mandate to put the country through yet another experiment; Britain is not their personal fiefdom to run how they wish.” Out went Johnson for a pileup of scandals and for misleading members of his own party, who declared him unfit to govern. The Conservatives have been in power for 12 years and millions of bad headlines. Graham Brady, the chair of the 1922 committee, the Conservative Party’s parliamentary group, announced a sweeping change to the rules, truncating what is usually a two-month process. The opposition Labour Party is up 30 points in opinion polls. “I have therefore spoken to His Majesty the king to notify him that I am resigning.”

What she's saying: Truss said she recognized that she could not "deliver the mandate on which I was elected by the Conservative Party," and that the election to ...

- No election is due for two years, but many Conservatives are already expecting to lose power for the first time since 2010, possibly in a landslide. [disastrous weeks in office](https://www.axios.com/2022/10/19/truss-absolute-disgrace-conservatives-resign), during which her tax plan panicked the markets and her own party turned on her. People think she's not up to the job," says James Johnson, whose firm JL Partners has been conducting focus groups on Truss. In fact, she announced the tax cuts alongside massively expensive energy subsidies. - "There was anger toward Boris Johnson. - That's a remarkably short timetable for Conservative members of Parliament to pick their fifth prime minister since the 2016 Brexit referendum left the party deeply divided. That episode seemed to sum up Truss' short tenure. - "This whole affair is inexcusable. It's unclear if Johnson would be able to get enough parliamentary colleagues to support him. [finished second to Truss](https://www.axios.com/2022/09/05/liz-truss-wins-uk-next-prime-minister)in the leadership race but correctly warned of the economic dangers of her tax cut plans. [Times](https://www.thetimes.co.uk/article/liz-truss-latest-news-resign-tory-mp-westminster-follow-live-gf7g23fxm)of London and Daily [Telegraph](https://www.telegraph.co.uk/politics/2022/10/20/liz-truss-news-resign-pm-conservative-party-general-election/)both report that Truss' predecessor, Boris Johnson, is expected to throw his hat in the ring just three months after [resigning over a series of scandals](https://www.axios.com/2022/07/07/why-boris-johnson-resigned-prime-minister). She'll be the [shortest-serving prime minister in history](https://www.axios.com/2022/10/20/shortest-prime-ministers-term-uk).

With Liz Truss out, contenders face a Monday deadline to get the backing of at least 100 Conservative Party lawmakers.

If there is more than one, the hopefuls will be whittled down before the final two are put forward to the 170,000 members of the Conservative Party. Many at the time speculated it could be a ” the Financial Times In 2019, Johnson helped his party to a whopping great win in the general election. But her “PM4PM” supporters are seeking to change that, pointing out that she polls better with the all-important Conservative Party members than Sunak. They point out that during the last contest his candidacy received the most support from his colleagues and say that many of his economic ideas turned out to be prescient. It’s possible that, given the high bar, only one candidate will be put forward by Monday at 2 p.m., which is when the nominations close. His time in office was marked by scandal after scandal and voters and his own colleagues were upset by his refusal to accept accountability. It is not certain if anyone else could galvanize the population to the same extent — or if Johnson himself even still can. The Telegraph, the Sun and the Daily Express all put on Johnson for their front page, while the left-leaning Mirror just called for a general election “now” in enormous print. Or might someone else emerge as the leading hopeful to become the next Conservative Party leader? Or Penny Mordaunt, who is not widely known but polls well with the Conservative Party members?