UK PRIME MINISTER, LIZ TRUSS RESIGNS

Liz Truss has resigned as the Prime Minister of the United Kingdom, UK, after a month and half in office.

Truss said she had been elected Tory leader to deliver a “low tax, high growth” economy, taking advantage of the “freedoms of Brexit”. But she conceded defeat: “Given the situation, I cannot deliver the mandate on which I was elected by the conservative party “.

She noted she had notified the British monarch, who is the head of state, of her resignation as Tory leader.

There will be an election to choose a new prime minister in the coming week, Ms Truss said. She will remain in the position until then.