5 Reasons Why Liz Truss Resigned As United Kingdom PM In 45 Days

Content: NDTV Image Source: Google

In a major turn of political events in Britain, Liz Truss resigned as the Prime Minister of the United Kingdom within 45 days of entering 10 Downing Street.

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Liz Truss' first week marked the unveiling of a costly plan to cap the energy household bills, in response to soaring prices due to the Russia-Ukraine war.

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Kwasi Kwarteng, the Chancellor of Exchequer in the new UK cabinet, announced a "mini-budget" in September, which detailed the price of the energy scheme for $67 Billion in six months

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Instead of concrete measures, he announced massive borrowing and new tax cuts including for top earners in the UK

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Following criticism and uproar, Liz Truss was forced to take a humiliating U-turn on her planned cut in the top rate of income tax following hurried late-night talks.

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The crisis didn't end for Truss, her Home Minister Suella Baverman quit following a row with Truss and Jeremy Hunt, the finance minister, over immigration.

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