Liz Truss has announced she is resigning as Prime Minister after only 45 days in office.
Mrs Truss will remain in Downing Street for one further week until a successor has been appointed.
The Prime Minister notified The King of her intention to resign before making her public statement.
Speaking outside Downing Street, Mrs Truss said she recognised that she “cannot deliver the mandate” she was elected to deliver.
Liz Truss was appointed as Prime Minister on September 6th – just two days before the death of Queen Elizabeth II.
After a period of mourning, Mrs Truss and her Chancellor delivered a ‘mini budget’ outlining controversial economic policies which crashed the markets.
Ever since, immense pressure has been placed on the government, with a number of Conservative MPs calling on her to resign.
The resignation of Mrs Truss is a momentous moment for King Charles III who will soon appoint a Prime Minister for the very first time.
After decades preparing for this role, he is having to consider the full gamut of his position as constitutional monarch before he’s even been crowned.
Liz Truss rose to the top of the political ranks fairly quickly, although her downfall was quicker still.
Having first being elected as a Member of Parliament in 2010, Mrs Truss was one of the few Tory MPs to remain in ministerial and cabinet positions throughout the premierships of three very different Prime Ministers – Cameron, May and Johnson.
Some critics have suggested that the MP is prone to change her opinions to suit the issues of the day, and this is how she has been able to seamlessly switch between different ideologies over the years.
In her teenage years and early adulthood, Ms Truss was not even a supporter of the Conservative Party. She was, in fact, a promising young campaigner for the Liberal Democrats – a liberal political party in the UK.
She was once president of Oxford University Liberal Democrats and called for both the legalisation of cannabis and the abolition of the monarchy.
During a speech in 1994, Ms Truss said: “Everybody in Britain should have the chance to be a somebody. but only one family can provide the head of state.”
She continued: “We believe in referendum on major constitutional issues; we do not believe people should be born to rule, or that they should put up and shut up about decisions which affect their everyday lives.”
During the leadership campaign to become the next Conservative Party leader, a video of the speech reemerged on social media.
Ms Truss told reporters that she regretted the comments she made 25 years ago ‘almost immediately after’ she made the speech.
“I was a teenager at the time and I do believe that people who never change their mind on anything and think the same at 16 as they do at 46 are, well, first of all they’re not normal people like I am.
‘”I’ve got the ability to learn from mistakes I’ve made, things that I’ve done that are wrong and move on.”
Ms Truss left the Liberal Democrats in 1996 and joined the Conservatives – a party she led for 45 days.
