Prime Minister Liz Truss has resigned after just 44 days in office, following a month of market chaos and political turmoil.
Truss' time as prime minister began after former prime minister Boris Johnson resigned from office, triggering a Conservative Party leadership race, in which she beat ex-chancellor Rishi Sunak to the role. Just two days into her leadership Queen Elizabeth II died, causing a national period of mourning. A timeline of turmoil for Truss This postponed the government's announcements of the introduction of the Energy Price Cap scheme just as the cost of living crisis surged in importance. In her first major move as prime minster, the government announced its Mini Budget on 23 Septem...
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