What Liz Truss Said After Resignation
Liz Truss said after resigning, “I came to power at a time when Britain was grappling with deep economic and international instability. He said Britain had been behind for too long due to low economic growth and that he was chosen by his party with the mandate to replace it. For this the British government cut oil and gas prices. The government had set a vision of a low tax and high growth economy. I agree … given the situation, I cannot give the mandate on which I was elected by the Conservative Party.” Truss said that I have spoken to His Majesty the Maharaja to inform that I am the leader of the Conservative Party. I am resigning.
Liz Truss saw many big events in 45 days
During the six weeks of Liz Truss’s tenure, there were many major incidents, which had an impact on British politics. On 5 September, Liz Truss was elected leader of the Conservative Party, defeating her rival Rishi Sunak. The next day he was sworn in as Prime Minister by Britain’s then Queen Elizabeth II. But, on 8 September Queen Elizabeth II passed away. Due to this, state mourning was declared in Britain and the entire administrative staff and government got involved in the service of the royal family.
Liz Truss came under attack after mini budget
The Liz Truss government had come under attack from opponents after presenting the mini budget on 23 September. The mini-budget was presented on the same day by the then finance minister of Britain, Kwazi Quarteng. This was followed by a tax cut of $ 45 billion, which created a ruckus in the UK market. The stock market also saw a fall. Britain’s wealthy section called it against themselves and criticized the Liz Truss government. Three days later, on 26 September, the pound hit a record low against the dollar. When this matter escalated, on October 3, Liz Truss took a U-turn and reversed the decision to cut the tax. Despite this, when the ruckus did not stop, he sacked Finance Minister Kwazi Quarteng on 14 October and appointed Jeremy Hunt in his place.
Home minister’s resignation forced Liz Truss
The matter of the resignation of the Finance Minister had not yet cooled down that the British Home Minister Suella Braverman resigned on 19 October. He was found guilty of sharing a secret draft related to migrants to his colleague without approval. Suella resigned, accepting her own moral responsibility and saying that she had violated the rules. In her resignation, British Home Minister Suella Braverman attacked Prime Minister Liz Truss fiercely and called for morality. After this, the demand for the resignation of Liz Truss had gained momentum.