Liz Truss Resigns As UK Prime Minister After Just 45 Days In Office

Liz Truss is set to become the shortest-serving Prime Minister in Britain's history

Liz Truss who resigned a day after calling herself a fighter and not a quitter

Liz Truss's central mistake was a massive £45 billion ($50 billion) package of tax cuts, amid the strongest inflation in four decades

Liz Truss step down as Prime Minister a week after firing finance minister  Kwasi Kwarteng, in a desperate bid to shore up her position

The pound briefly surged more than one percent against the dollar to $1.1336 after Truss ended six tumultuous weeks in power

Britain has never known such a disgrace of a prime minister by Maria Zakharova spokeswoman of Russia's foreign ministry

Election for next British Prime Minister will be held by 28 October,  Conservative Party official said

Liz Truss was force to stepdown after her economic policies triggered turmoil in financial markets and a rebellion in her party obliterated her authority

Bank of England was forced into emergency bond-buying to stem a sharp sell-off in Britain's 2.1 trillion pound ($2.3 trillion) British govt bond market that threatened to wreak havoc in the pension industry and increase recession risks