Liz Truss, the resigned Prime Minister of the United Kingdom, says she took office during a period of “great economic and international instability.”
On Thursday, October 20, she announced her resignation.
She told reporters outside Downing Street that she had informed King Charles that she was resigning as Conservative Party leader.
In front of dozens of reporters, she claims she took office during a period of “great economic and international instability.”
“I recognize… given the situation, I cannot deliver the mandate on which I was elected by the Conservative Party,” she added.
This comes few days after sacking her first Finance Minister of a Ghanaian origin, Kwasi Kwarteng.
Mr Kwarteng was sacked on October 14 amidst the government’s tax cuts believed to have sparked financial market turmoil.
In a letter reacting to his dismissal, he said “You have asked me to step aside as your Chancellor, I have accepted.
“When you asked me to serve as your Chancellor, I did so in full knowledge that the situation we faced was incredibly difficult, with rising global interest rates and energy prices. However, your vision of optimism, growth and change was right.
