British Prime Minister Liz Truss has resigned — bowing to the inevitable after a tumultuous six-week term in which her policies triggered turmoil in financial markets and a rebellion in her party obliterated her authority.
LONDON: She said 'I cannot deliver the mandate on which I was elected.'Just a day earlier Truss had vowed to stay in power, saying she was 'a fighter and not a quitter.'But Truss left Thursday after she was forced to abandon many of her economic policies and lost control of Conservative Party discipline.Her departure leaves a divided party seeking a leader who can unify its warring factions.
Truss on Thursday met with Graham Brady, the chair of the 1922 committee of backbench Conservative MPs that ultimately has the power to decide her fate, Downing Street said.However, officials said Truss had initiated the meeting, and that it was not a sign her departure was imminent.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bond star Daniel Craig receives same medal as 007LONDON: James Bond actor Daniel Craig on Tuesday received the same honor held by his fictional character, as he is set to retire from the role.The 54-year-old British actor, who...
Read more »
Queen releases rediscovered song featuring Freddie Mercury - BusinessWorld OnlineLONDON — Queen released a rediscovered song featuring Freddie Mercury on Thursday, the band’s first new track with the late frontman’s instantly recognizable vocals to come out in more than eight years.
Read more »
King Charles Gives a Cheeky Answer When a Child Asks His Age During Outing with Queen CamillaThe King showed off his sense of humor when he got a curious inquiry from a Barn Croft Primary School student in London
Read more »
Russia destroys power and water infrastructure across Ukraine(2nd UPDATE) Russia has openly acknowledged targeting Ukraine's energy infrastructure with waves of missile and drone strikes since the start of last week, in what President Vladimir Putin says is legitimate retaliation for a blast on a bridge
Read more »
Consumer giants are winners as shoppers swallow price hikes - BusinessWorld OnlineZURICH/LONDON — Nestlé and Procter & Gamble (P&G), the world’s two biggest consumer firms, reported better-than-expected sales on Wednesday, as shoppers continued to pay more for goods like Nescafe coffee and Gillette razors despite record inflation. Nestlé, which also makes Cheerios cereal and KitKat chocolate bars, reported better-than-expected sales results, successfully passing higher costs on […]
Read more »
Paddington Bear tributes to Queen Elizabeth to go to charity - BusinessWorld OnlineLONDON — More than 1,000 Paddingtons and other teddy bears left by well-wishers as a tribute to Queen Elizabeth II after her death last month, will be handed over to a children’s charity, Buckingham Palace said on Saturday.
Read more »