British Prime Minister Liz Truss resigns after 44 days in office

Are you wondering what went wrong?

More from CNBC:

U.K. Prime Minister Liz Truss resigned Thursday following a failed tax-cutting budget that rocked financial markets and which led to a revolt within her own Conservative Party.

Truss said in a statement outside Downing Street, “We set out a vision for a low-tax, high-growth economy that would take advantage of the freedoms of Brexit.”

“I recognize though, given the situation, I cannot deliver the mandate on which I was elected by the Conservative Party. I have therefore spoken to His Majesty the King to announce that I am resigning as leader of the Conservative Party.”

This entry was posted in Conservatism, Inflation, News International. Bookmark the permalink.

5 Responses to British Prime Minister Liz Truss resigns after 44 days in office

  1. auscitizenmom says:

    Yeah, I wonder.

    Like

  2. Pa Hermit says:

    This stuff is headed our way, time to find ways to fight back, get a grip on these issues.

    Like

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