Liz Truss steps down as UK Prime Minister after just 6 weeks in office: NPR

Prime Minister Liz Truss walks out of No.10 to announce her resignation at Downing Street in London on Thursday.

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Prime Minister Liz Truss walks out of No.10 to announce her resignation at Downing Street in London on Thursday.

Rob Pinney/Getty Images

British Prime Minister Liz Truss has announced her resignation after weeks of criticism from her opponents and members of her Conservative party, and the resignation of two of her top cabinet picks.

Truss said she will remain prime minister until a successor is chosen. She said a leadership election will be finalized next week.

She said she took office at a time of great economic instability and was elected with a mandate for change, but: “I acknowledge, although I cannot live up to the mandate.”

She announced her resignation in brief remarks outside the Prime Minister’s residence in London.

Truss, who has been in office for just six weeks, is one of the shortest-serving Prime Ministers in British political history. A series of major missteps meant that much of the political vision she outlined during her campaign for leader was ditched after severe negative reactions from the financial markets.

Truss, along with her friend and political ally Kwasi Kwarteng, had taken office promising to cut taxes and boost the country’s economic growth through a form of trickle-down economy. But when Kwarteng announced major tax cuts to parliament, alongside new spending plans aimed at protecting households from high energy prices, the country’s currency plummeted, while the cost of government borrowings skyrocketed.

Truss had replaced Boris Johnson as prime minister this summer. Johnson was forced to leave his party after questions were raised about his character amid a string of scandals.

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