Resignation of Liz Truss, why this decision, who next?

Resignation of Liz Truss, why this decision, who next?

Britain’s Prime Minister resigns amid the unprecedented uproar.

British Prime Minister Liz Truss has resigned. For the past few days, there has been an unprecedented spat between his administration and the Conservative Party over his government’s economic policies and programs.

Two of his government ministers have already resigned, with more than a dozen MPs publicly expressing no confidence in him and demanding his resignation.

In this context, Liz Truss announced her resignation standing in front of the Prime Minister’s residence at No. 10 Downing Street in London today.

In a statement, he said that he is unable to fulfill the mandate on which he was elected. So she announced her resignation to King Charles III, and would serve as prime minister until the Conservative Party chose a successor within a week.

Liz Truss is the shortest-lived Prime Minister in British political history. He was in power for only 45 days.

There will be another vote to elect his successor in the Conservative Party. The head of a special committee of MPs of the ruling party said that the result of the process of electing the new leader will be known on Friday.

But opposition Labor Party leader Kier Stermer has demanded an immediate new general election. The Liberal Democrats and the Scottish National Party have also called for new elections.

 

Why did Liz Truss resign?

Mainly two reasons. Firstly the failure of Liz Truss‘ announced economic agenda and secondly the loss of trust and support among MPs in her own party.

When Liz Truss became Prime Minister, she said she would build a low-tax, high-growth Britain. The mini-budget given to his first finance minister, Kwazi Kwarteng, included massive tax cuts but required the government to borrow tens of billions of pounds to finance them.

Immediately after this budget was announced, it created an unprecedented crisis in the financial sector and Mr. Kwarteng resigned. The new finance minister, Jeremy Hunt, scrapped most of those plans and introduced a new plan.

Since then, Liz Truss has lost the confidence of MPs. At least 13 MPs publicly expressed their no-confidence and demanded their resignations.

Lease Truss Administration, Party and Parliament – Chaos everywhere. His interior minister Suella Braverman also resigned yesterday. An altercation between MPs of the ruling party over voting on a motion in Parliament led to a near-clash.

Analysts said it was clear that Miz Truss could not stay in power.

 

How will the new prime minister be, who will be?

Liz Truss said in her speech that the new Prime Minister will be elected within a week.

Usually within the Conservative Party this selection process lasts for several months. First the MPs elect a number of candidates and the one who gets the most votes from the party members becomes the Prime Minister.

But in this case the entire process may have to be completed within a week. Sir Graham Brady, head of a special committee of MPs called the ‘1922 Committee’, said the results of the election would be known by next Friday and would involve party members.

 

Boris Johnson can also be a candidate?

There are many speculations about who will be the next Prime Minister of Britain.

At least two of Liz Truss’s rivals when she was prime minister – Rishi Sunak and Penny Mordant – are being mentioned as potential candidates.

Apart from this, there is the name of Defense Minister Ben Wallace. Finance Minister Jeremy Hunt said he would not contest.

According to BBC correspondents, various reports show that former Prime Minister Boris Johnson, who resigned just six weeks ago, may also enter the race to become Prime Minister again.

According to a public opinion survey, Rishi Sunak is number one in the list of possible next prime minister.

 

The fall of the British Prime Minister is imminent?