Liz Truss announced her resignation from her position as UK’s Prime Minister on Thursday, October 20, just six weeks after her appointment. During a nationally broadcast speech, Truss declared her resignation, also stating that a Conservative Party leadership election will take place within the next week.

Also Read | Liz Truss resigns as UK prime minister after shortest term in office

Here is her full resignation speech:

“I came into office at a time of great economic and international instability. Families and businesses were worried about how to pay their bills.”

“Putin’s illegal war in Ukraine threatens the security of our whole continent and our country has been held back for too long by low economic growth.”

“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. 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 there will be a leadership election to be completed within the next week. This will ensure that we remain on a path to deliver our fiscal plans and maintain our country’s economic stability and national security. I will remain as prime minister until a successor has been chosen.”

“Thank you.”

Also Read | Liz Truss resigns: Who can replace the British Prime Minister?

Liz Truss was appointed as UK’s Prime Minister on September 6, 2022. Along with her resignation announcement on October 20, she also announced her resignation as leader of the Conservative Party. Following her resignation, UK will have its third Prime Minister in a year.