U.K. Prime Minister Liz Truss resigns after economic plan sparked turmoil
NBCAUG 2022
Truss's premiership has been doomed for a while — it's a relief that by resigning power so swiftly, she has offered the Conservative party a chance to unite around a new leader. The only way forward is for Tory MPs to stabilize around a mandate of fiscal discipline to create a clear dividing line from Labour.
This is a shambolic end to an even more catastrophic tenure of Conservative leadership. The British people have faced 12 years of Tory PMs — now the markets are in chaos, the cost of living crisis is worsening, and, as usual, it will be the poorest in society paying the price for the failures of the political classes. The UK needs a general election and a Labour government.