Why Liz Truss resigned as U.K. prime minister: A guide to the chaos - The Washington Post

LONDON — After 45 days arsenic premier minister, the bulk of which was spent clinging connected for her governmental life, Liz Truss announced Thursday that she is resigning. Now she is acceptable to go the shortest-serving occupant of Downing Street successful 300 years of British history.

A disastrous bid of self-inflicted wounds — which turned into a governmental decease spiral — began with a misfired effort by the Conservative Party leader to radically reorient the government’s economical docket by slashing taxes without saying however the determination would beryllium paid for. It sent the markets reeling, and Truss ne'er recovered.