Liz Truss

2022 - 10 - 20

Embattled UK PM Liz Truss holds crunch talks as political crisis ... (CNBC)

U.K. Prime Minister Liz Truss is reportedly locked in discussions with a key member of the Conservative Party who oversees leadership challenges.

Truss is meeting with Graham Brady, the Conservative politician that is in charge of leadership votes and reshuffles. The Conservative Party was considered favorable by 18% of people, versus 45% for the opposition Labour Party. A vote of no confidence is usually held when 15% of the group submits letters, but current party rules state no leadership election or vote of no confidence can be held for one year after a leader assumes office. And yes, I do think it's time for the prime minister to go." "That is also what the Prime Minister wants." The spokesperson also said she had faced a "difficult day" but wanted to continue in the post.

Prime Minister Liz Truss quits as UK's Tories in chaos (Mail and Guardian)

Truss bowed to the inevitable after her right-wing platform of tax cuts disintegrated and as many MPs among the ruling Conservatives revolted.

The Daily Telegraph reported that Braverman left after a “heated face-to-face row” with Truss and Hunt “over their demands to soften her stance on immigration”. Starmer asked the House of Commons: “What’s the point of a prime minister whose promises don’t even last a week?”, as opposition MPs jeered and booed Truss, and her own party’s MPs remained silent. Conservative lord Ed Vaizey said the “only way out of this mess is for Liz Truss to stand down and for somebody to be appointed as prime minister by Conservative MPs”. “The prime minister acknowledges yesterday was a difficult day and she recognises the public wanted to see the government focusing less on politics and more on delivering their priorities,” her official spokesman told reporters. The end for Truss came after a key minister resigned and many Tory MPs rebelled over an important vote in chaotic scenes at the House of Commons late Wednesday. Speaking in Downing Street, Truss said she would stay on as prime minister until a successor is chosen to serve as Tory leader.

Liz Truss resigns as UK Prime Minister after tax-cut plan backfires (Moneyweb.co.za)

The 47-year-old quit after just 44 days in office. By Stuart Biggs and Alex Morales, Bloomberg 20 Oct 2022 14:58.

Then on 14 October Truss sacked Kwarteng and scrapped their plan to freeze corporation tax next year. Inheriting a divided party, she appointed loyalists to key jobs rather than reaching out to her opponents. Former Home Secretary Suella Braverman, who was sacked on 19 Ocober, may also be in the running. “The damage they have done to our party is extraordinary.” Truss’s tenure has all but guaranteed post-Brexit Britain’s immediate future is one of higher borrowing costs, weak growth, tax hikes and spending cuts. Liz Truss resigned as UK prime minister after a brief and chaotic tenure that saw her announce a massive package of unfunded tax cuts before unwinding most of it in the face of a market rout.

LIVE | UK Prime Minister Liz Truss resigns, successor to be picked ... (News24)

Britain's Liz Truss resigned as Conservative Party Leader on Thursday, with the election to replace her as prime minister to be completed next week. 1922 ...

I have therefore spoken to His Majesty the King to notify him that I am resigning as leader of the Conservative Party," Truss said. Kwarteng's cut to the highest rate of income tax had already been reversed. Had I known that organising the summit could lead to the resignation of the UK PM I'd have organised it sooner." We need a general election - now," the Labour party leader said. "Our country's always had a special relationship with the United Kingdom without regard to the partisan affiliation of our president or the politics of their prime minister. After 12 years of Tory failure, the British people deserve so much better than this revolving door of chaos. during these times when a major war is underway on the continent in Europe." It will be the fifth one I believe." British Prime Minister Liz Truss announced on Thursday her resignation as Conservative Party leader after just six weeks in power and said her successor would be elected by the end of next week. That's going to continue no matter who the UK picks... Britain's Liz Truss resigned as Conservative Party Leader on Thursday, with the election to replace her as prime minister to be completed next week. "We want, above all else, stability...

UK Prime Minister Liz Truss resigns (Business Day)

Truss's economic programme sent shock waves through the markets and divided her Conservative Party just six weeks after she was appointed.

UK PM Liz Truss resigns, successor to be elected next week (Eyewitness News)

"I recognise that given the situation I cannot deliver the mandate on which I was elected by the Conservative Party. I have therefore spoken to His Majesty ...

I have therefore spoken to His Majesty the King to notify him that I am resigning as leader of the Conservative Party," Truss said. The Daily Telegraph reported that Braverman left after a "heated face-to-face row" with Truss and Hunt "over their demands to soften her stance on immigration". Conservative lord Ed Vaizey said the "only way out of this mess is for Liz Truss to stand down and for somebody to be appointed as prime minister by Conservative MPs". "The prime minister acknowledges yesterday was a difficult day and she recognises the public wanted to see the government focusing less on politics and more on delivering their priorities," her official spokesman told reporters. LONDON - British Prime Minister Liz Truss announced Thursday her resignation as Conservative Party leader after just six weeks in power and said her successor would be elected by the end of next week. "I recognise that given the situation I cannot deliver the mandate on which I was elected by the Conservative Party.