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Ms Truss said her successor would be elected by next week, Boris Johnson is among MP’s said to be considering bids but Chancellor Jeremy Hunt has ruled himself out.
In a brief speech outside Downing Street yesterday, Ms Truss said the Conservative Party had elected her to cut taxes and boost economic growth.
Ms Truss stated “I recognise that I cannot deliver the mandate on which I was elected by the Conservative Party.”
Ms Truss said she would remain in post until a successor formally takes over.
News on her resignation has generated significant reaction from the world’s political leaders:
France’s President Emmanuel Macron said that on a personal level, he was always “sad to see a colleague go”, but that the most important thing was for Britain to find stability.
US President Joe Biden when asked if Ms Truss made the right decision he replied “It was her decision to make, adding that he wouldn’t “weigh in on her judgement”.
Who will be our next Prime Minister? And will they remain in post despite the challenges the country poses? In such an uncertain time questions will eventually be answered to the nation.