Liz Truss | Credit: Independent UKThe British Prime Minister, Liz Truss, barely 45 days in office, quits the job today, October 20, on a self assessment, concluding that she had failed to deliver on the mandate she was elected by the Conservative Party.
“I was elected by the Conservative Party with the mandate to change this. We delivered on energy bills and on cutting national insurance.
And we set out a vision for low tax, high growth economy that would take advantage of the freedoms of BREXIT.
I recognize, though, given this situation, I cannot deliver on the mandate on which I was elected by the Conservative party.”
Liz Truss, who spoke to newsmen, said that she will remain as the PM until a successor has been chosen.
Read her full speech below:
“I came into office at a time of great economic and international instability. Families and businesses were worried about how to pay their bills.
Putin’s illegal war in Ukraine threatened the security of our whole continent and all countries have been held back for too long by low economic growth.
I was elected by the Conservative Party with the mandate to change this. We delivered on energy bills and on cutting national insurance.
And we set out a vision for low tax, high growth economy that would take advantage of the freedoms of BREXIT.
I recognize, though, given this situation, I cannot deliver on the mandate on which I was elected by the Conservative party.
I have, therefore, spoken to His Majesty, The King, to notify him that I am resigning as the Leader of the Conservative Party.
This morning I met the Chairman of the 1922 Committee, Sir Graham Brady, we’ve agreed that there would be a leadership election to be completed within the next week.
This will ensure that we remain on our path to deliver on our physical plans and maintain our country’s economic stability and national security.
I will remain as Prime Minister until a successor has been chosen.”
Liz Truss came to power in September this year with the ousting of Boris Johnson.
She was believed to have been forced to resign as PM after revealing that she could not deliver the mandate on which she was elected.
