Friday, December 2, 2022

UK  PM Truss quits

  • New PM to be  chosen in a week
  • Rishi Sunak non-committal

Liz Truss, Prime Minister of Britain who was appointed by Queen Elizabeth two days before her demise, has resigned on Thursday after a brief and chaotic tenure. Truss, 47,quit after just 45 days in office. She happens to be shortest –ruling prime minister in the history of Britain. Truss would stay in office until her party finds her successor in a week’s time. The mini budget that sent shockwaves through the markets was the reason for her downfall.

Truss’ exit finds the ruling conservative party in a confusion and dilemma. Whoever succeeds her would become the party’s fifth prime minister in less than seven years since 2016, the year in which the Brexit referendum took place.

The new prime minister could be the old PM Boris Johnson who served for three years before he was forced to resign. Though the former Mayor of London was facing scandals and charges of unethical practices, he is looked upon as a favourite. British newspapers quote Johnson saying that he should return to 10, Downing Street, in the interest of the nation.

Former Finance Minister Rishi Sunak had lost his race to Truss a few weeks ago. His candidature is opposed by former prime minister Johnson. Defence Minister Ben Wallace and present Finance Minister Jeremy Hunt are in the run. Rishi has to come forward for the sake of the country and the party. Rami Ranzer, Member of House of Lords, said Rishi has the right track record to put the economy in order.

Rishi Sunak is the son-in-law of Narayana Murthy of Infosys.

K. Ramachandra Murthy
K. Ramachandra Murthy
Founder & Editor

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