World

UK’s Truss says she is resigning as PM

2022.10.20 08:55


UK’s Truss says she is resigning as PM

Budrigannews.com -Liz Truss said on Thursday she was resigning as prime minister, brought down by her economic programme that sent shockwaves through the markets and divided her Conservative Party just six weeks after she was appointed.

A leadership election will be completed within the next week.

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

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

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



Source link

UK’s Truss says she is resigning as PM

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 94,863.42 0.59%
ethereum
Ethereum (ETH) $ 3,386.28 1.08%
tether
Tether (USDT) $ 0.998308 0.10%
xrp
XRP (XRP) $ 2.19 1.23%
bnb
BNB (BNB) $ 725.39 4.63%
solana
Solana (SOL) $ 194.02 4.27%
dogecoin
Dogecoin (DOGE) $ 0.322292 2.79%
usd-coin
USDC (USDC) $ 1.00 0.01%
staked-ether
Lido Staked Ether (STETH) $ 3,382.77 1.00%
cardano
Cardano (ADA) $ 0.887156 0.34%
tron
TRON (TRX) $ 0.257614 1.03%
avalanche-2
Avalanche (AVAX) $ 37.67 0.90%
the-open-network
Toncoin (TON) $ 5.79 0.53%
wrapped-steth
Wrapped stETH (WSTETH) $ 4,028.55 1.74%
chainlink
Chainlink (LINK) $ 21.98 2.92%
shiba-inu
Shiba Inu (SHIB) $ 0.000022 1.92%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 94,713.38 0.53%
sui
Sui (SUI) $ 4.17 0.76%
hedera-hashgraph
Hedera (HBAR) $ 0.289619 3.99%
polkadot
Polkadot (DOT) $ 7.05 0.65%
stellar
Stellar (XLM) $ 0.353973 0.56%
bitget-token
Bitget Token (BGB) $ 7.32 8.76%
weth
WETH (WETH) $ 3,388.30 1.17%
hyperliquid
Hyperliquid (HYPE) $ 28.14 3.56%
bitcoin-cash
Bitcoin Cash (BCH) $ 448.03 0.21%
leo-token
LEO Token (LEO) $ 9.25 0.65%
uniswap
Uniswap (UNI) $ 13.37 0.48%
pepe
Pepe (PEPE) $ 0.000019 4.89%
litecoin
Litecoin (LTC) $ 100.91 2.07%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,572.24 1.17%
near
NEAR Protocol (NEAR) $ 5.25 0.94%
ethena-usde
Ethena USDe (USDE) $ 0.997041 0.09%
usds
USDS (USDS) $ 0.998872 0.31%
aptos
Aptos (APT) $ 9.12 2.49%
internet-computer
Internet Computer (ICP) $ 10.58 2.02%
aave
Aave (AAVE) $ 334.30 2.32%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.485715 0.40%
mantle
Mantle (MNT) $ 1.21 0.49%
crypto-com-chain
Cronos (CRO) $ 0.149745 0.59%
ethereum-classic
Ethereum Classic (ETC) $ 26.43 0.33%
vechain
VeChain (VET) $ 0.046801 0.12%
render-token
Render (RENDER) $ 7.14 0.21%
monero
Monero (XMR) $ 198.11 2.76%
whitebit
WhiteBIT Coin (WBT) $ 24.77 0.76%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.35 0.75%
mantra-dao
MANTRA (OM) $ 3.72 1.54%
bittensor
Bittensor (TAO) $ 467.86 2.56%
dai
Dai (DAI) $ 1.00 0.04%
virtual-protocol
Virtuals Protocol (VIRTUAL) $ 3.35 3.60%
arbitrum
Arbitrum (ARB) $ 0.77139 0.49%