London (Web Desk): British Prime Minister Liz Truss has announced her resignation just a month and a half after taking office.
The development came on Thursday after her new Chancellor of the Exchequer, Jeremy Hunt, had rolled back virtually all of her economic agenda.
Hunt’s move was supposed to be an impetus for growth, but it became Truss’s declaration of political bankruptcy.
At the beginning of this month, at the Conservative Party Conference in Birmingham, Truss had still attempted to rally the party around her controversial approach of boosting Britain’s economy.
Truss accepted that she could not deliver the promises she made when she was running for Conservative leader, having lost the faith of her party.
“I have three priorities for the economy: growth, growth, growth,” she said.