UK’s Truss quits after turmoil obliterated her authorityLONDON (AP) — British Prime Minister Liz Truss resigned Thursday — bowing to the inevitable after a tumultuous six-week term in which her policies triggered turmoil in financial markets and a rebellion in her party obliterated her authority. Her departure leaves a divided Conservative Party seeking a leader who can unify its warring factions. A growing number of lawmakers had called for Truss to resign after weeks of turmoil sparked by her economic plan. Rumors swirled that Conservative Chief Whip Wendy Morton, who is responsible for party discipline, and her deputy had resigned. Among potential replacements — if only Conservative lawmakers can agree — are Sunak, House of Commons leader Penny Mordaunt and newly appointed Treasury chief Jeremy Hunt.

Source: National Post October 20, 2022 13:22 UTC