The Prime Minister of United Kingdom, Liz Trust on Thursday resigned from office and will step down after a week-long emergency contest to find her successor, “I recognise, though, given the situation, I cannot deliver the mandate on which I was elected by the Conservative party. I have therefore spoken to His Majesty the King to notify him that I am resigning as leader of the Conservative party.” she said.
Her resignation is coming only 44 days after she was chosen as PM .
Full text of her resignation speech is reproduced below:
I was elected by the Conservative party with a mandate to change this.
We delivered on energy bills and on cutting national insurance.
And we set out a vision for a low-tax, high-growth economy that would take advantage of the freedoms of Brexit.
I recognise, though, given the situation, I cannot deliver the mandate on which I was elected by the Conservative party.
I have therefore spoken to His Majesty the King to notify him that I am resigning as leader of the Conservative party.
This morning I met the chair of the 1922 Committee, Sir Graham Brady.
We have agreed there will be a leadership election to be completed in the next week.
This will ensure we remain on a path to deliver our fiscal plans and maintain our country’s economic stability and national security.
I will remain as prime minister until a successor has been chosen.
Thank you.
