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BREAKING: Britain’s Prime Minister Liz Truss resigns

Picture Courtesy: ABC News

Britain’s Prime Minister Liz Truss said she will resign as Britain’s prime minister after a disastrous six-week tenure. Truss is set to become the UK’s shortest-serving leader ever, with another Conservative leadership election due to take place within a week.

Her statement comes hours after Suella Braverman, Truss’ home secretary, dramatically resigned with a blistering attack on the PM’s leadership. Truss fired her finance minister just last week after a disastrous and since-ditched financial plan caused turmoil on the markets.

Britain now faces the prospect of a third different leader entering office since its last general election, an unprecedented scenario in modern peacetime that will lead to serious questions about the mandate of the government and increase a growing clamor for a fresh vote.

The new leadership contest will take place on an expedited timetable soon, with Truss saying a new leader will be chosen within a week. Person who could be in the running include Rishi Sunak, the former chancellor who lost to Truss during the summer race.

Liz Truss will become Britain's shortest-serving prime minister ever.

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