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  • Liz Truss Quits as British Prime Minister After Just 44 Days in Office

    10/20/2022 6:07:47 AM PDT · by JonPreston · 72 replies
    YAHOO NEWS ^ | 10/20/22 | Dan Ladden-Hall
    44 days
  • BREAKING: LIZ TRUSS TO RESIGN AS UK PRIME MINISTER (SKY)

    10/20/2022 5:33:08 AM PDT · by RandFan · 155 replies
    sky ^ | Oct 20 | sky
    Liz Truss is to resign as prime minister after just six weeks, Sky News understands. Her time in office has been dominated by market chaos prompted by the mini-budget that was announced by former chancellor Kwasi Kwarteng last month. Developing...
  • UK PM on brink as political chaos deepens

    10/20/2022 4:21:45 AM PDT · by FarCenter · 4 replies
    London (AFP) – Embattled British Prime Minister Liz Truss on Thursday faced more calls from her own party to step down after a key minister quit and lawmakers rebelled during "a day of extraordinary mayhem". Truss is being urged to resign just six weeks into office after a forced U-turn on disastrous tax cuts that caused a market meltdown during an already severe cost-of-living crisis. Right-wing broadsheet The Times reported the prime minister was "clinging to power", and cited a Truss supporter in her cabinet as saying: "It's terminal." Its tabloid sister paper The Sun ran the front page headline...
  • UK’s Liz Truss fires Chancellor Kwasi Kwarteng in a bid to save her premiership

    10/14/2022 6:12:45 AM PDT · by Berlin_Freeper · 54 replies
    politico.eu ^ | October 14, 2022 | ESTHER WEBBER AND ELENI COUREA
    LONDON — British Prime Minister Liz Truss has fired her finance minister, Kwasi Kwarteng, as she fights to hang on as prime minister after her budget crashed the markets. Truss will give a press conference later Friday, amid reports of another imminent U-turn on significant parts of her plan to cut taxes. Downing Street announced Jeremy Hunt, who has previously served as health secretary and foreign secretary, would replace Kwarteng as chancellor. Despite several attempts to calm the markets, including reversing a plan to cut tax for the highest earners and bringing forward a more detailed budget statement, Truss has...