Britain’s Liz Truss announces decision to resign as PM

On Thursday, 20 October, Britain’s Liz Truss officially announced her decision to resign from her position of prime minister, as reported by BBC.
According to the media, Truss spent a mere 45 days in office. This makes it the shortest term any British PM has spent in office in the history of the United Kingdom.
The previous «record» was held by George Canning, who spent 119 days as PM in 1827.
In her public statement, Truss said she «came into office at a time of great economic and international instability». She also said the reason why she resigns is because she is unable to deliver the mandate on which she was elected.
Truss also announced that she has informed the King of her decision to step down as the leader of the Conservative Party.
According to BBC, next week the Conservative Party will pick Britain’s new leader.