British Prime Minister Liz Truss announces his resignation. Liz Truss holds the position of Prime Minister for only 6 weeks.
Liz Truss has announced his resignation in a meeting with King Charles.
According to media reports, British Prime Minister Liz Truss announces his resignation after holding the post of Prime Minister for the shortest period.
After only six weeks as Prime Minister, Liz Truss announces his resignation in a meeting with King Charles.
Prime Minister Liz Truss says that he assumes the post of Prime Minister with the determination to improve the economy. But in the current situation, he can not deliver according to the mandate.
I inform King Charles about the decision to resign. I will continue to perform the duties until the election of the new Prime Minister.
It is also in reports that Prime Minister Liz Truss also decides to leave the leadership of the Conservative Party.
In a week, a party leader will appoint who will become the Prime Minister of Great Britain.
It should remember that the British Prime Minister Liz Truss holds the position of Prime Minister for the shortest period of 44 days. Before that George Cunning was the Prime Minister for only 119 days in 1827.
Prime Minister Liz Truss was under intense pressure to resign after the resignation of his own cabinet ministers.
Earlier, according to foreign media, British Prime Minister Liz Truss says in a TV interview, “I take responsibility for the mistakes and apologize for my mistakes. On the economic downturn due to the recent reforms in the United Kingdom, the Prime Minister says that we have gone too far too fast, I am still fully committed to deliver for this country.”
After last month’s mini-budget, UK markets are in turmoil.
Liz Truss also facing severe criticism due to the tax cuts imposes in the mini budget.
Earlier last week, British Prime Minister Liz Truss fire Finance Minister Kwasi Quatering and replaced him with Jeremy Hunt.
The tax rate will remain at 20 percent. It also announces that the duration of the Energy Price Guarantee Scheme will be limited. The scheme will run only till April next year instead of two years.
The new finance minister, Jeremy Hunt, says in an emergency statement that the VAT-free shopping plan for foreigners coming to the UK has scrap. And the decision is also prepare to impose duty on alcohol.
According to media reports, the new measures will give the government 32 billion pounds.
It should note that due to financial disputes, Prime Minister Liz Truss removes her close associate Cassie Quarting from the position of the Ministry of Finance and appointed Jeremy Hunt.