Liz Truss has resigned as the United Kingdom’s prime minister six weeks after being elected leader of the Conservative Party. This historic moment makes her the UK’s shortest-serving leader ever, with another Conservative leadership election set to occur within a week.
Truss followed in the footsteps of Margaret Thatcher and Theresa May, becoming Britain’s third female premier. She took over from Boris Johnson, who stepped down in July following a series of scandals.
Only weeks into her premiership, Truss faced criticism for a controversial mini-budget filled with unfunded tax-cutting measures, leading to financial market instability. At one point, the value of the pound plunged to its lowest level against the dollar in decades.
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