British Prime Minister Liz Truss on Thursday resigned in just 6 weeks after being chosen for the top post. Announcing her decision in Downing Street she said, she would be serving as the Prime Minister until her successor is chosen.
Last month, Liz Truss took oath as the Prime Minister with promises and expectations that she will strengthen the British economy and take it on the way for long-term success.
Truss’ term was scarred by unrest as her financial policies threatened the country’s economic steadiness, driving the pound to record lows, igniting disorder on security advertises and expanding mortgage costs for millions of individuals.
The Conservative Party is frantic to underscore Liz Truss’ disastrous partnership, with a fast administration challenge pointed toward attempting to offer the winner a chance at overturning an extraordinary shortfall in the elections.
According to the rules declared on Thursday, three Tory MPs at maximum will be able to run. The successor may be chosen by Monday.
Competitors for the UK PM post will require the support of 100 Tory legislators to get on the voting ballot, Graham Brady, the Individual from Parliament who heads the board that sets rules on administration challenges, told correspondents on Thursday. There are 357 Conservative MPs, so a limit of three of them will be able to run.
The result of the first ballot of MPs will soon be announced by 6 pm on Monday. In case an indicative vote is needed, the result may be announced by 9 pm.