Wednesday, December 7

Liz Truss resigns after just six weeks as British Prime Minister

The Prime Minister of the United Kingdom, Liz Truss, resigns after six weeks in office and after losing authority in her party cornered by internal criticism. The Conservative leader has become the premiere with the shortest mandate –45 days–, and the fourth head of the British Government who has been forced to resign in just over six years.

The collapse of Liz Truss represents the greatest defeat of the neoliberal dogma in Europe

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Truss has communicated his decision this Wednesday during a brief statement in front of the official residence of Downing Street after meeting with the head of the group of conservative deputies without portfolio, Graham Brady. “I came into office at a time of great instability. I was elected to the Conservative Party with a mandate to change this and with a vision of low taxes and high growth. I recognize that, given the situation, I cannot fulfill the mandate for which I was elected”, she has said in front of the famous black door of number 10.

Truss has explained that he will remain in office until his party chooses a successor in internal elections that “will be completed next week”, as indicated. In the case of Theresa May and Boris Johnson, this internal process dragged on for two months.

Brady, who oversees the party’s leadership elections, has indicated that the intention is for the process to be completed on October 28 with a view to having a new leader before the prosecutor’s speech, which will be on October 31.

This Thursday afternoon, Brady announced the new rules of the internal process to choose Truss’s successor, which they want to speed up. Candidates must have the backing of at least 100 of the 357 Conservative MPs before next Monday at 2:00 p.m. local time. This threshold raises the necessary number compared to last summer’s election and, in practice, limits the maximum number of candidates who can participate to three. Deputies will vote next Monday if two or three candidates meet that threshold.

If there are two candidates, the affiliates will choose the new leader in an online vote. tory and, consequently, the prime minister. This voting will close on Friday and that day the name will be known. But the outcome could come sooner if only one candidate is able to exceed one hundred supports.

In the morning, Brady left open the possibility of only one candidate running. Until now, the Tories they have been unable to unite around a successor, according to British media. Former Economy Minister Rishi Sunak is the main favourite, but in recent hours there has been speculation about the possibility of a Johnson return. The Conservative leader in the House of Commons, Penny Mordaunt, also sounds like a possible candidate.

The leader of the Labor Party, Keir Starmer, and the leader of the Liberal Democrats, Ed Davey, have called for a snap election. “The Conservative Party has shown that it no longer has the authority to govern,” Starmer said. “After 12 years of Tory failure, the British people deserve much more than this chaos,” said the Labor leader, to whom the polls give differences of about 30 points in the intention to vote if held now general elections.

Truss, in an untenable position

The rebellion of Tories had made his continuity at the head of the Government unsustainable, with an increasing number of conservative deputies calling for his resignation. Truss lost his authority after having had to dismantle practically all of his fiscal project due to the earthquake triggered in the financial markets.

The political crisis has worsened after the resignation of Suella Braverman as Minister of the Interior and the chaos during a parliamentary vote this Wednesday in which dozens of conservative deputies did not comply with the voting discipline.

Truss, until then Foreign Minister, He took office on September 6 after winning the internal elections of the Conservative Party to succeed Boris Johnson thanks to the vote of the bases – the vote of the deputies Tories it was won by his rival, former Economy Minister Rishi Sunak – with the promise of lowering taxes, a strategy that has been forced to reverse. His mandate has lasted 45 days.