British Prime Minister Liz Truss resigns

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The Prime Minister British Liz Truss quits

Members of the Conservative Party were deeply divided over her economic stimulus package.

British Prime Minister Liz Truss announced her resignation outside 10 Downing Street, London.

Facing opposition attacks and a crisis of confidence in the Conservative Party, British Prime Minister Liz Truss quits office 45 days after taking over from Boris Johnson.

Winner of the leadership race for the succession of Boris Johnson, swept away by the “Partygate” scandal, Liz Truss took control of the Conservative government on September 5 in a difficult political and economic context.

Barely a month after her arrival at the head of the government, she was already breaking records of unpopularity in the population, while the members of her party were deeply divided over her economic recovery program.

Forced to turn around on several flagship promises of her campaign and to change the Minister of Finance in disaster following a mini-budget which sowed panic on the financial markets, Liz Truss laid down her arms Thursday during a a speech delivered outside his official residence at 10 Downing Street, London.

Liz Truss returned to 10 Downing Street after announcing her resignation during a brief address.

“In the current context, I cannot deliver the mandate for which I was elected by the Conservative Party.

— Liz Truss, Prime Minister of the United Kingdom

Her successor will be chosen from among Tory MPs who have given themselves eight days to determine who will assume the role. #x27;interim head of government.

On the opposition benches, Labor Party leader Keir Starmer has called for a snap general election to be called now.

British Prime Minister Liz Truss finally resigned on Thursday to resign after just six weeks in power resembling a way of the cross for the conservative leader. The situation had become completely unbearable for her, as explained by Marie Isabelle Rochon.

Invited to form a government by Queen Elizabeth II on September 6, Liz Truss was two days later announced in Parliament a freeze on the energy bills of individuals and businesses and the revival of oil and gas extraction in an attempt to calm the energy crisis caused by the war in Ukraine.

The death of the queen, the same day, had completely overshadowed the beginnings of her government for about ten days.

Already less popular than her predecessor, Boris Johnson, Liz Truss experienced its first setbacks when its finance minister, Kwasi Kwarteng, announced a mini-budget aimed at reviving growth by counting on tax cuts of tens of billions of pounds financed mainly by national debt.

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Weighed down by the panic of the markets, the value of the pound suffered a historic fall which shook the new government and the confidence of the public.

The United Kingdom is going through a social crisis major economic crisis compounded by soaring energy prices and an inflation rate of 10.1%, a 40-year high.

To calm the market panic, the Bank of England had to intervene urgently in the bond market citing a significant risk to the financial stability of the United Kingdom.

The Labor Opposition has a 33 point lead over the Conservatives in the polls, unheard of since the late 1990s.

Opposition Leader Labor Keir Starmer.

Shaken and challenged within her own party, Liz Truss announced at the Conservative Party convention that she was giving up on scrapping the highest tax bracket for the wealthiest taxpayers by ruling out cutting public spending, all nevertheless promising tax cuts.

Volte-faces that have sown serious doubts in the country about its economic policy and the capacity of its government to implement it.

After replacing Kwasi Kwarteng in Finance with Jeremy Hunt, her former opponent in the race for Downing Street, Liz Truss announced a new turnaround by giving up maintaining the company tax at 19%, which will increase to 25% as the previous government had foreseen it.

Jeremy Hunt, the UK's fourth finance minister since the start of the year, has finally announced the cancellation of the economic program of Liz Truss in its almost entirety.

Attacked from all sides, the Prime Minister was represented by another minister to answer the questions that were flying in the House of Commons, where she was accused of hiding under her desk.

Less than a week after having to dismiss her finance minister and close friend, Kwasi Kwarteng, she lost her interior minister, Suella Braverman, on Wednesday, responsible for the delicate file of illegal crossings of the English Channel, which are reaching record levels in the UK.

Officially, Ms. Braverman resigned for using her personal email for sending official documents, thus violating the departmental code. In her letter of resignation, Ms. Braverman expressed her serious concerns about the policy of the government which, according to her, is giving up on its promises, particularly in the migration file.

Suella Braverman served as Home Secretary in the Truss government.

The process totally chaotic of a poorly explained vote in the House on the resumption of hydraulic fracturing in the country, a controversial technique of extraction of gas and oil, which the government wanted to make a test of loyalty finally came to the end of the determination from Premier Truss.

Thursday morning, more than a dozen Tory MPs were demanding the resignation of their leader.

In Scotland, First Minister Nicola Sturgeon did not x27;did not take tweezers on his Twitter account to describe the situation at the head of the British state.

“There are no words to adequately describe this mess. […] The reality is that ordinary people are paying the price. The interests of the Conservative Party should not concern anyone at this time.

— Nicola Sturgeon, First Minister of Scotland.

In Washington, US President Joe Biden thanked Ms Truss while assuring his administration's cooperation with the government British, recalling in passing that the two countries are great allies bound by a lasting friendship.

“I thank Prime Minister Liz Truss for her partnership on a range of issues, including holding Russia accountable for his war against Ukraine. We will continue our close cooperation with the UK government.

—Joe Biden, President of the United States

For his part, the French President, Emmanuel Macron, refrained from making any comment on British political life, while stressing that Mrs. Truss and he had always had very constructive exchanges.

France, as a nation and a people who are friends of the British people, wishes above all stability in the context we are experiencing, which is a context of war and energy tension, has added the French head of state.

According to the Conservative Party, only three MPs will be admitted in the race to succeed Liz Truss. According to rules announced by a party official, each candidate will have to garner the support of at least 100 of the 357 Conservative MPs by 2 p.m. Monday to validate their candidacy.

Then, the MEPs will have to choose between them two candidates whose names will be submitted to the 170,000 party members who will elect the next leader by holding an online vote by October 28. The winner will enter directly at 10 Downing Street.

No candidate had officially come forward on Thursday afternoon.

Among the figures expected are former Finance Minister Rishi Sunak, unsuccessful candidate against Liz Truss, Minister Penny Mordaunt, former Home Secretary Suella Braverman, who resigned Wednesday from the government, or Boris Johnson who, according to the Times, would consider a return in the name of the national interest.

With information from Reuters, and Agence France- Hurry

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