He will remain in office for a week until a new leader is elected.
Liz Truss has announced her resignation because she “cannot fulfill the mandate for which I was elected” and will remain as prime minister for a week, until a new leader is elected. “I can’t,” he said in a brief statement. The Conservative Party will now have to elect its fourth leader since the ‘Brexit’ referendum, which has divided the faction and the country.
The announcement comes after the Prime Minister named Sir Graham Brady, who chairs the 1922 Committee, a representative of the parliamentary group’s deputies, in her office at 10 Downing Street. He was followed by Therese Coffey, deputy prime minister, and conservative party chairman Jake Berry. The meeting proposed to end a 44-day mandate.
Truss’s position as prime minister has been shaky since last week she had to fire her finance minister, Kwasy Kwarteng, and replace him with Jeremy Hunt, who overturned nearly all the tax cuts announced by his predecessor on Sept. 23. Pound parity and government bond prices improved on the promise of fiscal austerity.
Truss’s credibility was damaged, her cabinet of supporters seemed inadequate to govern in the new circumstances and the parliamentary faction, which did not support her as Boris Johnson’s replacement, deepened their divisions. The bitter resignation of a minister and the chaos in the management of her deputies in Wednesday’s parliamentary session confirmed that the government cannot guarantee its stability.
This Thursday at noon, 17 delegates had publicly called for Truss’s departure or a vote of confidence. It seemed like a coordinated move. But a change of party rules would be necessary before the 1922 Committee could call a vote of confidence in the prime minister so early in its term of office. And no one offered clarity on how to replace their leader without going through a new internal election process.
Source: La Verdad
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