The UK Prime Minister, Liz Truss has resigned.
Truss who also resigned as the leader of the Conservative Party said she could not deliver the mandate on which she was elected as Tory leader and had notified the King that she was resigning.
In a speech outside Downing Street, Ms Truss said the Conservative Party had elected her on a mandate to cut taxes and boost economic growth.
“I recognize that I cannot deliver the mandate on which I was elected by the Conservative Party, I will remain as prime minister until a successor has been chosen,” said Liz Truss.
According to the BBC, the Conservative leadership election will be completed within the next week.
Her departure after 45 days in the office makes her the shortest-serving PM in UK history.
Truss’s premiership has been in turmoil since her mini-budget last month, which rocked markets and was later scrapped by her new chancellor.
The resignation of her home secretary Suella Braverman on Wednesday and a chaotic vote in the Commons sealed her fate
Writing by Chinasa Ossai; Editing by Tina Oyinsan