Liz Truss resigns as British Prime Minister

British Prime Minister Liz Truss has announced her resignation after less than two months in the job.

The announcement on Thursday to King Charles, which was largely expected after extraordinary scenes and controversies in the past fortnight, led Labour leader Keir Starmer to demand a general election “now”.

In what the BBC’s chief political correspondent Nick Eardley termed ‘‘ an unprecedented crisis in British politics’’, Ms Truss will remain in power until a leadership ballot is held in the next week.

It means whoever assumes the top job will be the third PM in 2022 following the resignation of the scandal-plagued Boris Johnson in July.

‘‘What happens now is the quickest turnover of power we have seen in modern times,’’ Eardley wrote.

After a tumultuous seven weeks, including the death and burial of Queen Elizabeth and a swathe of contentious economic decisions, Ms Truss called a press conference outside the PM’s official residence at No.10 Downing Street.

“I recognise 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 notify him that I am resigning as leader of the Conservative Party,” Ms Truss said.

“This morning I met the chairman of the 1922 Committee, Sir Graham Brady. We’ve agreed that there will be a leadership election to be completed within the next week.

“This will ensure that we remain on a path to deliver our fiscal plans and maintain our country’s economic stability and national security.”

A national election does not have to be held until 2024, and under Conservative Party rules, Ms Truss technically was safe from a leadership challenge for a year.

But the rules can be changed if enough lawmakers want it – particularly after wide speculation that many lawmakers had submitted letters calling for a no-confidence vote.

Ms Truss had been in office for just 45 days – the shortest tenure of any UK PM, easily beating George Canning, who served for 119 days in 1827.

Her tenure will be marked by a botched economic plan unveiled by the government on September 23 that triggered financial turmoil and a political crisis that has seen the replacement of Truss’ Treasury chief, multiple policy U-turns and a breakdown of discipline in the governing Conservative Party.

Many Conservatives had been saying that Ms Truss must resign, but she had remained defiant on Wednesday, saying she is “a fighter and not a quitter”.

An Ipsos poll conducted over the weekend found 53 per cent of people thought Ms Truss should quit and only 20 per cent would oppose her resignation.

The upheaval even led a tabloid, Daily Star, to pin the survival of Ms Truss against that of a lettuce.

IT tweeted triumphantly on Thursday that ‘‘the lettuce has officially outlasted Liz Truss’’.

Earlier, Conservative lawmaker Simon Hoare said the government was in disarray.

“Nobody has a route plan. It’s all sort of hand-to-hand fighting on a day-to-day basis,” he told the BBC on Thursday.

He said Ms Truss had “about 12 hours” to turn the situation around.

Newspapers that usually support the Conservatives were vitriolic.

An editorial in the Daily Mail was headlined: “The wheels have come off the Tory clown car.”

International Trade Secretary Anne-Marie Trevelyan, sent out on Thursday to defend the government, insisted the administration was providing “stability.”

But she was unable to guarantee Ms Truss would lead the party into the next election.

“At the moment, I think that’s the case,” she said.

With opinion polls giving the Labour Party a large and growing lead, many Conservatives believed their only hope of avoiding electoral oblivion was to replace Ms Truss.

She faced more turmoil in Parliament on Wednesday evening on a vote over fracking for shale gas – a practice Ms Truss wanted to resume despite opposition from many Conservatives.

An opposition call for a fracking ban was easily defeated, but some lawmakers were furious that Conservative Party whips said the vote would be treated as a confidence motion, meaning the government would fall if the motion passed.

There were angry scenes in the House of Commons, with party whips accused of using heavy-handed tactics to gain votes.

Labour lawmaker Chris Bryant said he “saw members being physically manhandled … and being bullied.”

Conservative officials denied there had been manhandling.

Rumours swirled that Conservative Chief Whip Wendy Morton, who is responsible for party discipline, and her deputy had resigned.

Hours later, Ms Truss’s office said both remained in their jobs.

The dramatic developments came days after Ms Truss fired her Treasury chief, Kwasi Kwarteng, on Friday after the economic package the pair unveiled spooked financial markets and triggered an economic and political crisis.

On Monday new Treasury chief Jeremy Hunt scrapped almost all of Truss’ tax cuts, along with her flagship energy policy and her promise of no public spending cuts.

-with Reuters

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