Explainer: Why was Liz Truss tenure so short – and now what?

Liz Truss resignation

LONDON: British Prime Minister Liz Truss took office last month with hopes and promises of reinvigorating the British economy and putting it on the path to long-term success. It didn’t go to plan. Instead, Truss’ tenure was scarred by turmoil as her economic policies threatened the country’s financial stability, driving the pound to record lows, sparking chaos on bond markets, and increasing mortgage costs for millions of people. Though Truss took office amid a cost-of-living crisis, the war in Ukraine and the lingering effects of the Covid-19 pandemic, her decision…

Who are the candidates to replace UK PM Liz Truss?

Who are the candidates to replace UK PM Liz Truss

LONDON: Liz Truss said on Thursday she would resign as British prime minister just six weeks after she was appointed. A leadership election will be completed within the next week to replace Truss, the shortest-serving prime minister in British history. George Canning held the record, serving 119 days in 1827 when he died. 1922 Committee chair Graham Brady set out some details on how the successor would be chosen and said he would give further information on the process later in the day. Given the divisions in the party, there…

Queen Elizabeth II has died

Queen Elizabeth II has died

Queen Elizabeth II, the UK’s longest-serving monarch, has died at Balmoral aged 96, after reigning for 70 years. She died peacefully on Thursday afternoon at her Scottish estate, where she had spent much of the summer. The Queen came to the throne in 1952 and witnessed enormous social change. Her son King Charles III said the death of his beloved mother was a “moment of great sadness” for him and his family and that her loss would be “deeply felt” around the world. He said: “We mourn profoundly the passing…

Boris Johnson resigns: First leadership bids to become next prime minister

Boris Johnson resigns: The race to replace Boris Johnson has begun, after the prime minister quit as Tory leader following a dramatic few days that saw his authority collapse. Tom Tugendhat is the latest MP to throw his hat into the ring, joining Attorney General Suella Braverman and Brexiteer Steve Baker who have shown interest. Mr Johnson plans to stay on as PM until a new successor is found by the autumn. However, many colleagues and opposition politicians want him to leave now – but he has already filled cabinet…

Hong Kong: Top UK judges resign from the Supreme Court

The UK has announced that two of its Supreme Court judges will no longer be sitting on Hong Kong’s top court. The judges said the threat to civil liberties had made their role in Hong Kong’s Court of Final Appeal untenable. Hong Kong’s Chief Executive Carrie Lam has responded with “regret and disappointment” to the resignations. But the UK government supports the decision, and says the situation in the territory has now reached “a tipping point”. In 2020 China introduced a national security law that curtailed freedom of speech and…