The news of the prime minister’s resignation whipsawed many in Britain, a country already dealing with spiraling inflation and still grappling with the departure of Boris Johnson.
Tag: Conservative Party (Great Britain)
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What Happened With Liz Truss in Britain? A Guide to the Basics.
A little over six weeks into her leadership, the British prime minister said she would resign.
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These Are the Likely Front-Runners to Replace Liz Truss
Penny Mordaunt, Rishi Sunak and Ben Wallace, all current or former Conservative cabinet members, are seen as candidates for Britain’s next prime minister.
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U.K. Markets Rise as Liz Truss Steps Aside
The British pound traded 0.5 percent higher against the dollar, reaching $1.13 as Ms. Truss read a short statement outside Downing Street.
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Truss’s departure stirs further turmoil for the Conservative Party.
The announcement came shortly after the chairman of an influential committee, who oversees elections for party leader, met with Ms. Truss in her office.