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UK COLLAPSE: Liz Truss Resigns as PM after Only 44 Days

October 20, 2022 By E.J. Smith - Your Survival Guy

Secretary of State Antony J. Blinken and UK Foreign Secretary Elizabeth Truss hold a joint press availability after their meeting at the U.S. Department of State in Washington, D.C., on March 9, 2022. [State Department photo by Freddie Everett/ Public Domain]

The Prime Minister of the UK, Liz Truss, who only assumed office 44 days ago, has resigned from her post. She is the shortest-serving PM in modern history. The Daily Mail’s political editor, James Tapsfield, reports:

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After just 44 days in No10, the PM took to a lectern outside the famous black door to confirm her departure, sealing her fate as the shortest-serving premier in modern political history.

Revealing she had informed the King of her decision, she said: ‘I cannot deliver on the mandate…. I will remain as PM until a successor has been chosen.’

Ms Truss – who insisted she was a ‘fighter not a quitter’ barely 24 hours ago – said the Tory leadership contest will be completed over the next week. Giving her valedictory statement, she was watched by husband Hugh.

Attention immediately turns to the leadership battle – with Jeremy Hunt ruling himself out within minutes. Rishi Sunak, Penny Mordaunt and Suella Braverman are thought likely to run –  while Boris Johnson, currently on holiday in the Caribbean, could bid for a shock return.

The bombshelll news follows a week of carnage that saw a bewildering array of U-turns on the mini-Budget, the Chancellor and Home Secretary quit, confusion over whether the Chief Whip had followed her out of the door, and MPs wrestling in Commons voting lobbies.

Ms Truss held crisis talks with 1922 chair Graham Brady, deputy PM Therese Coffey and Tory chair Jake Berry in the building earlier, as they delivered grim message about the mood of the party.

A series of previously-loyal MPs joined calls for her to go this morning. Even supportive Cabinet ministers had been conceding the situation is ‘terminal’.

Transport Secretary Anne-Marie Trevelyan was sent out to prop up the PM this morning, but would only say that ‘at the moment’ she believes Ms Truss will lead the Tories into the next election.

The main obstacle to removing Ms Truss over recent days was the lack of consensus on who should take over and what the process should be, with little appetite for a drawn-out contest.

Nadine Dorries has warned the only person who would be acceptable in a ‘coronation’ is Mr Johnson.

Action Line: Changes can come quickly, even big changes. You need to be prepared for them. Is your family prepared? Do you have enough cash on hand? What about food and water? If you need help preparing food and water, click to download my special reports, Emergency Water Storage: How Much, Containers, Purification & More, and FOOD SHORTAGE: Crazed Hoarding Is not Preparing today to make your family safe.

Originally posted on Your Survival Guy. 

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E.J. Smith - Your Survival Guy
E.J. Smith is Founder of YourSurvivalGuy.com, Managing Director at Richard C. Young & Co., Ltd., a Managing Editor of Richardcyoung.com, and Editor-in-Chief of Youngresearch.com. His focus at all times is on preparing clients and readers for “Times Like These.” E.J. graduated from Babson College in Wellesley, Massachusetts, with a B.S. in finance and investments. In 1995, E.J. began his investment career at Fidelity Investments in Boston before joining Richard C. Young & Co., Ltd. in 1998.

E.J. has trained at Sig Sauer Academy in Epping, NH, NH, where he completed course-work in Practical and Defensive Handgun, Conceal Carry Pistol, Shotguns, Precision Scope Rifle and Kidnapping Prevention.

E.J. plays a Yamaha Recording Custom drum set with Zilldjian cymbals. His first drum set was a 5-piece Slingerland with Zildjians. He grew-up worshiping Neil Peart (RIP) of the band Rush, and loves the song Tom Sawyer—the name of his family’s boat, a Grady-White Canyon 306. He grew up in Mattapoisett, MA, an idyllic small town on the water near Cape Cod. He spends time in Newport, RI and Bartlett, NH—both as far away from Wall Street as one could mentally get. The Newport office is on a quiet, tree lined street not far from the harbor and the log cabin in Bartlett, NH, the “Live Free or Die” state, sits on the edge of the White Mountain National Forest. He enjoys spending time in Key West and Paris.

Please get in touch with E.J. at ejsmith@yoursurvivalguy.com

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