Liz Truss has stepped down as UK prime minister.
The BBC states that she resigned as UK prime minister and leader of the Conservative Party in a statement outside Downing Street.
She said she could not deliver the mandate on which she was elected as Tory leader and had notified the King that she was resigning.
A Conservative leadership election will be completed within the next week, she said
“I will remain as prime minister until a successor has been chosen,” she said.
Her departure after 45 days in office makes her the shortest-serving PM in UK history
Ms.Truss’s premiership has been in turmoil since her mini-budget last month, which rocked markets and was later scrapped by her new chancellor.
The resignation of her home secretary on Wednesday and a chaotic vote in the Commons sealed her fate.