She made the announcement on Thursday afternoon, October 20.
In a statement read outside Downing Street, she said: “I came into office at a time of great economic and international instability.
Families and businesses were worried about how to pay their bills.
I was elected with a mandate to change this. We delivered on energy bills. I recognise, though, given the situation, I cannot deliver the mandate on which I was elected by the Conservative Party.
I have therefore spoken to His Majesty the King to notify him that I am resigning as leader of the Conservative Party. This morning, I met the chairman of the 1922 committee, Sir Graham Brady. We've agreed that there will be a leadership election to be completed within the next week.”
Truss succeeds Boris Johnson who resigned his appointment as PM in July over a series of scandals.
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