Saturday, November 9, 2024
HomeBusinessBig News! Pm Liz Truss Resigns In Uk, New Prime Minister May...

Big News! Pm Liz Truss Resigns In Uk, New Prime Minister May Be Announced Next Week – Latest Updates

The political upheaval continues in Britain. One after the other resignations, now the Prime Minister has also resigned. Prime Minister Liz Truss resigned from her post on Thursday after just six weeks. However, she will remain in her post till the new Prime Minister is elected. He defeated Rishi Sunak of Indian origin in the prime ministerial election. The election of the new prime minister could be held by next week.

MPs Pressurized To Resign

PM Liz Truss told the media outside her official residence at 10 Downing Street that she could not fulfill the promise made to the people. At the same time, party MPs were pressurized to resign. He said that I have informed King Charles about my resignation.

The crispy Economy Of The Country Became A Crisis

The main reason for the resignation of PM Liz Truss is the poor condition of the country’s economy. During the election, she promised to fix it, which she could not fulfill. Rising inflation in Britain emerged as a big challenge for the government. The crisis deepened due to the rapid increase in the mortgage rate and the continued weakness of the local currency. Seeing the situation deteriorating, the central bank intervened in the debt market. But the truss government rejected the opinion of experts. The voices of opposition started rising in its ruling Conservative Party itself. As a result, the series of resignations continued due to increasing pressure.

So Far Two Members Have Resigned From The Cabinet

Earlier, Interior Minister Suella Braverman resigned from the cabinet on Wednesday. However, the news of his resignation was given in the media report. On this, the statement of the Prime Minister or any spokesperson of the government was not issued. A few days ago, Finance Minister Kwasi also resigned.

RELATED ARTICLES

Most Popular