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UK’s Truss quits after turmoil obliterated her authority
LONDON (AP) — British Prime Minister Liz Truss resigned Thursday — bowing to the inevitable after a tumultuous six-week term in which her policies triggered turmoil in financial markets and a rebellion in her party obliterated her authority.
Just a day earlier Truss had vowed to stay in power, saying she was “a fighter and not a quitter.” But Truss couldn’t hold on any longer after a senior minister quit her government with a barrage of criticism and a vote in the House of Commons descended into chaos and acrimony just days after she was forced to abandon many of her economic policies.
A growing number of lawmakers had called for Truss to resign after weeks of turmoil sparked by her economic plan. The plan unveiled by the government last month 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.