LONDON – Prime Minister Liz Truss resigned after 45 days in office as British Prime Minister on Thursday in a statement outside Downing Street.
Truss said she could not fulfil the mandate on which she was elected as Conservative leader and told the King about her intention to step down.
There will be a Tory leadership election to be conducted within a week, she said.
“I will remain prime minister until a successor is elected,” she said.
Her departure after 45 days in office makes her the shortest prime minister in British history.
Truss’ premiership has been in turmoil since her mini-budget last month shook markets and was later ditched by his new chancellor.
The resignation of Home Secretary on Wednesday and a chaotic vote in the House of Commons sealed her fate.