UK crisis Highlights: Oppn leader Keir Starmer demands immediate general election, reports AFP
UK political crisis Highlights: Liz Truss' tenure as premier lasted just 45 days - the shortest tenure of any British prime minister.
UK political crisis Highlights: Embattled British Prime Minister Liz Truss on Thursday announced her resignation after an open revolt against her leadership in the Conservative Party. "I cannot deliver the mandate on which I was elected,” she said speaking outside Downing Street. Truss said she has told King Charles III she is resigning as leader of the Conservative Party. She has been in office for 45 days - the shortest tenure of any British prime minister.
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Oct 20, 2022 11:06 PM IST
Bank of England publishes gilt sales for Q4 as Liz Truss resigns as PM
The Bank of England on Thursday published its plans for gilt sales until the end of this year on Friday, which had been pushed back due to market volatility produced by the government's fiscal plans. The first gilt sales will start on November 1 and run until December 8, with details of sales early next year set to be published on December 16, the BoE said in a statement.
Oct 20, 2022 08:27 PM IST
UK Oppn leader calls for immediate general election
UK opposition Labour leader Keir Starmer on Thursday called for an immediate general election after Prime Minister Liz Truss resigned following only six weeks of serving in office, AFP reported.
Oct 20, 2022 07:00 PM IST
Poll for Truss successor by Oct 28
A Tory official said on Thursday that poll for Liz Truss successor will take place by October 28, reported AFP.
Oct 20, 2022 06:45 PM IST
‘Sad to see a colleague go’: Macron wishes UK found ‘stability’
French President Emmanuel Macron on Thursday wished Britain found “stability as soon as possible” amid the resignation of British Prime Minister Liz Truss. “We want, above all else, stability,” Macron told reporters as he arrived at a European Union summit in Brussels, Belgium.
He added that on a “personal level”, he is always “sad to see a colleague go”.
Oct 20, 2022 06:37 PM IST
Truss announces poll for successor by end of next week: AFP
UK PM Liz Truss announced that election to choose her successor will be held next week, AFP reported.
Oct 20, 2022 06:28 PM IST
Below is the full text of Truss' speech in Downing Street:
"I was elected by the Conservative Party with a mandate to change this. We delivered on energy bills and on cutting National Insurance. And we set out a vision for a low tax, high growth economy that would take advantage of the freedoms of Brexit." Read full text
Oct 20, 2022 06:19 PM IST
UK PM Liz Truss resigns after 45 days in office, shortest serving premier
British prime minister Liz Truss' chaotic premiership came to an end despite having barely begun. Discounting 10 days of mourning for the late Queen Elizabeth II, Liz Truss had only a week before her political programme imploded, which led to the sacking of her finance minister Kwasi Kwarteng. Read more
Oct 20, 2022 04:56 PM IST
Truss urges focus on priorities after ‘difficult day’
UK prime minister Liz Truss recognises she just had a "difficult day", but wants the government to focus on its priorities, her official spokesman said Thursday.
Oct 20, 2022 04:30 PM IST
Truss meets Sir Graham Brady- 1922 committee chairman
UK prime minister Liz Truss is meeting Sir Graham Brady, the chairman of the influential 1922 Committee of backbench MPs.
Oct 20, 2022 04:04 PM IST
UK MPs that want Liz Truss to be replaced
At least 13 MPs have publicly called on Liz Truss to resign. They are: Crispin Blunt, Andrew Bridgen, Jamie Wallis, Angela Richardson, Sir Charles Walker, William Wragg, Sheryll Murray, Gary Streeter, Henry Smith, Steve Double, Miriam Cates, Siobhan Baillie and Matthew Offord.
Oct 20, 2022 03:52 PM IST
UK political crisis LIVE: UK mortgage rates continue to increase amid political chaos
UK mortgage rates keep hitting new thresholds as Liz Truss’s premiership edges closer to imploding, Bloomberg reported. The average five-year fixed-rate home loan rose to 6.51% on Thursday, the highest since September 2008.
Oct 20, 2022 03:42 PM IST
UK political crisis LIVE: Keir Starmer accuses Liz Truss of being 'completely out of touch'
Keir Starmer accused Liz Truss of being 'completely out of touch' with the country's economic situation.
“The Prime Minister is completely out of touch with the reality of the British economy,” the Labour leader said.
Oct 20, 2022 03:30 PM IST
UK political crisis LIVE: 13 of Liz Truss' own MPs don't want her to be UK PM. But can she be ousted?
UK prime minister Liz Truss' premiership is hanging by a thread as thirteen of her own MPs are now calling for her to go after tumultuous first six weeks in office. Liz Truss sacked finance minister Kwasi Kwarteng earlier this week to assuage her party unrest and apologised for the mistakes she made over the government's handling of the economy. Read here
Oct 20, 2022 02:57 PM IST
UK political crisis LIVE: Who is Indian-origin Suella Braverman
Britain’s interior minister Indian-origin Suella Braverman quit on Wednesday, becoming the second senior cabinet minister to leave her position within a week following finance minister Kwasi Kwarteng's departure. Suella Braverman said that she resigned from the Liz Truss government over “technical” breach of government rules criticising the premier saying she had “concerns about the direction of this government”. Suella Braverman has been replaced by UK’s new interior minister Grant Shapps. Read more
Oct 20, 2022 02:41 PM IST
UK political crisis LIVE: 'It seems we must change leader', says party MP
Oct 20, 2022 02:33 PM IST
UK political crisis LIVE: Not resigning, Kemi Badenoch amid reports
International trade secretary Kemi Badenoch says she has no intention of resigning following reports she could be the next Tory MP to exit Liz Truss's cabinet.
Oct 20, 2022 02:29 PM IST
UK political crisis LIVE: UK conservative lawmaker Sheryll Murray submits no confidence letter in PM Liz Truss
British Conservative lawmaker Sheryll Murray said she had submitted a letter of no confidence in Prime Minister Liz Truss.
Oct 20, 2022 02:25 PM IST
UK political crisis LIVE: PM's position 'untenable', has submitted letter, Tory MP says