The Prime Minister of the United KingdomLi, Liz Truss has resigned after spending 44 days in office.
Liz Truss will be the shortest-serving prime minister in UK.
In a statement read outside Downing Street, Ms Truss said: “I came into office at a time of great economic and international instability.
“Families and businesses were worried about how to pay their bills.”
She said she was elected “with a mandate to change this”, adding: “We delivered on energy bills.”
“I recognise, though, given the situation, I cannot deliver the mandate on which I was elected by the Conservative Party,” she said.
“I have therefore spoken to His Majesty the King to notify him that I am resigning as leader of the Conservative Party.
“This morning, I met the chairman of the 1922 committee, Sir Graham Brady. We’ve agreed that there will be a leadership election to be completed within the next week.”
Ms Truss will remain as PM until her successor has been chosen.