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BREAKING: British Prime Minister, Truss, resigns after 44 days in office

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Truss broke the record once held by Sir Alec Douglas-Home, who served for one year and one day, from 1963 to 1964 after her resignation

By Kehinde Okeowo 

British Prime Minister, Liz Truss resigned from her job on Thursday, October 20, after six weeks in office, making her the shortest-serving British leader in history.

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The development came after her decision to roll out aggressive tax cuts aimed at spurring economic growth led to unprecedented central bank intervention and drove her poll ratings to the lowest ever recorded for a prime minister. 

The 47-year-old Prime Minister, who lasted just 44 days in office after her resignation said a new prime minister will be selected by her Conservative Party in the coming week

ALSO READ: British PM sacks Finance Minister Kwarteng

Until then, she is expected to remain as Prime Minister. 

Truss in a brief statement outside No. 10 Downing Street said, “I came into office at a time of great economic and international instability. 

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“I recognize, given the situation, I cannot deliver the mandate to which I was elected by the Conservative Party.”

Her decision to quit her position came after several weeks of political chaos within her party.   

She had defeated Rishi Sunak by 81,326 votes to 60,399 in an internal contest after Boris Johnson’s resignation in July.

The lawmaker was the Conservatives’ fourth head of the British government since 2015, and she promised to unleash Britain’s potential by going for growth and removing the obstacles holding the country back after her election. 

She recently fired Kwasi Kwarteng, one of her close allies and finance minister, even though he was implementing the pro-growth economic policies she campaigned on

Truss after her decision, broke the record once held by Sir Alec Douglas-Home, who served for one year and one day, from 1963 to 1964.

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