Liz Truss announces resignation as UK PM

World Oct, 21 2022
Liz Truss announces resignation as UK PM
  • 447
  • 0

LONDON: Prime Minister UK Liz Truss said that she was resigning as Prime Minister, brought down by her economic programme that sent shockwaves through markets and divided her Conservative Party just six weeks after she was appointed. A leadership election will be completed within next week.

Speaking outside door of her Number 10 Downing Street office, Truss accepted that she could not deliver promises she made when she was running for Conservative leader, having lost faith of her party.

“I recognise though, given situation, I cannot deliver mandate on which I was elected by Conservative Party. I have therefore spoken to His Majesty King to notify him that I am resigning as leader of Conservative Party,” she said.

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

Published in The Daily National Courier, October, 21 2022

Like Business on Facebook, follow @DailyNCourier on Twitter to stay informed and join in the conversation.

NC Monitoring Desk
NC Monitoring Desk https://www.dailynationalcourier.com/author/nc-monitoring-desk
Daily National Courier is a leading morning English newspaper of twelve pages covering all international and national political developments on 24/7 basis.

NC Big Stories

Police registers case against TLP leadership, workers under terrorism charges

LAHORE: At least five people, including a police officer, three Tehreek-e-Labbaik Pakistan (TLP) workers, and a passerby, were killed as law enforcement agencies carried out a major pre-dawn operation in Muridke on Monday to disperse what officials d...

PM Shehbaz lauds Trump as 'man of peace'

EGYPT: Prime Minister Shehbaz Sharif on Monday described US President Donald Trump as a "genuine man of peace", who had worked relentlessly and untiringly to end global conflicts, including the war in Gaza. Standing with the US president and other gl...

SSP Central and Community Police meet to discuss new security measures

KARACHI: SSP District Central Zeeshan Shafiq Siddiqui met with officials of Community Police Karachi (CPK) Nazimabad at his office yesterday. The meeting was attended by CPK Chief Aqeeq Iqbal, Deputy Chief Hammad, and other representatives. During th...

Pakistani youth to get training in IT skills

ISLAMABAD: If you’re an engineer completing your four-year bachelor's programme and enter the industry, companies are frustrated you have no experience. But now, Huawei and the Pakistan government are trying to fill this gap by training 300,000...

More like this
Related

PM Shehbaz lauds Trump as 'man of peace'

EGYPT: Prime Minister Shehbaz Sharif on Monday described US President Donald Trump as a "genuine man of peace", who had worked relentlessly and untiringly to end global conflicts, including the war in Gaza. Standing with the US president and other gl...

PM Shehbaz, Trump exchange greetings at Arab-Islamic Summit in New York

NEW YORK: Prime Minister Shehbaz Sharif and U.S. President Donald Trump exchanged warm greetings on Wednesday during the Arab-Islamic Summit, held on the sidelines of the 80th UN General Assembly session. The informal interaction featured a handshake...

BingX concludes Karachi launch of BingX OnTour Series

PANAMA CITY: BingX, a leading cryptocurrency exchange and Web3 AI company, concluded its first-ever BingX OnTour Meetup in Pakistan, held in Karachi on September 20, 2025. This milestone reinforced BingX’s commitment to building stronger connec...

Nepali PM Oli steps down amid anti-corruption protests

KHATMANDU: Nepal Prime Minister KP Sharma Oli resigned on Tuesday as anti-corruption demonstrators defied an indefinite curfew and clashed with police, a day after 19 people died in violent protests triggered by a social media ban. Oli's government l...
Need Help? Chat with us