In a statement made outside Downing Street, Prime Minister Liz Truss announced her resignation as UK leader of the Conservative Party.
She claimed she was elected Tory leader but was unable to carry out her campaign promises. She informed the King of her resignation.
Within the following week, the Conservative leadership race would be concluded, she stated.
She declared, “I will serve as prime minister until a replacement has been selected.”
Her departure after 45 days in office makes her the shortest-serving PM in UK history.
Truss’s premiership has been in turmoil since her mini-budget last month, which rocked markets and was later scrapped by her new chancellor
The resignation of her home secretary on Wednesday and a chaotic vote in the Commons sealed her fate