British Prime Minister Liz Truss has resigned within 6 weeks of being sworn in. Truss was the shortest-serving Prime Minister in British history. After the resignation of Truss, now all eyes are on Rishi Sunak of Indian origin. These are the same Sunks that Truss defeated in the election. If Sunak becomes the Prime Minister of Britain, it will be the first time that an Indian origin will reach such a high position.
Truss announced his resignation in a statement from Downing Street. According to news reports, the election of the new prime minister may take place by next week. Till then Tras will remain in office.
Speaking on the resignation, Truss said that she could not fulfill her promises and had lost the confidence of the party. There is a demand to make Rishi Sunak the Prime Minister in the Conservative Party. British MPs have alleged that Truss supporters conspired to vote against gas drilling in Parliament. There was anger among Conservative MPs against Truss. In such a situation Rishi Sunak can be given the post of Prime Minister only with the voting of the parliamentarians.
It was only after the presentation of the economic plan that turmoil began and a political crisis arose. After this, Liz Truss replaced the finance minister and then reversed many of her policies. Liz Truss promised to get the economy back on track and control inflation. However, when Truss appointed the new finance minister, he overturned all the decisions of the old finance minister. After this, the rebellion started in the party itself. The MPs of the party got angry with this leadership.
The decisions taken by the Finance Minister are having a bad impact on the market. Instability was on the rise. The pound was beginning to weaken. Criticism of Britain’s economy began outside the country as well. However, on the issue of tax cuts, Truss gained confidence and became Prime Minister. But after becoming the Prime Minister, it became heavy on him.
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