Liz Truss announces exit; U.K. to get its third PM in three months

Liz Truss announces exit; U.K. to get its third PM in three months

Liz Truss announced her resignation amid a political crisis, making her 45-day tenure, the shortest in Britain’s history. Spoke to King Charles III on intent to resign, says Tory leader; a ‘leadership election’ will be completed next week, she says Liz Truss said on Thursday she would resign as British prime minister, brought down just six weeks into the job by an economic programme that roiled financial markets, pushed up living costs for voters and enraged much of her own party. The Conservative Party, which holds a big majority in…

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Trouble for Liz Truss? UK PM battles inflation as she faces possible sacking

Trouble for Liz Truss? UK PM battles inflation as she faces possible sacking

With just over a month in the office, UK PM Liz Truss is finding it difficult to stay in power. Her proposed plans have failed to calm the inflation-stricken markets or assuage lawmakers’ concerns. On September 5, Conservative Party leader Liz Truss won the UK PM race, defeating her rival Rishi Sunak to win the Tory leadership contest. With her election promises of immediate action on energy prices and reforms to stabilise economy, many believed in Liz Truss’s bold post-poll proclamation of “we’ll deliver, we’ll deliver, we’ll deliver”. However, after…

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PM Liz Truss sacrifices finance minister Kwasi Kwarteng in the fight to survive

PM Liz Truss sacrifices finance minister Kwasi Kwarteng in the fight to survive

British Prime Minister Liz Truss fired her finance minister Kwasi Kwarteng on Friday, shortly before she is expected to scrap parts of their economic package in a desperate bid to survive the market and political turmoil gripping the country. Kwarteng said he had resigned at Truss’s request after rushing back to London overnight from IMF meetings in Washington. Truss, in power for only 37 days, will hold a news conference later on Friday, Downing Street confirmed. “You have asked me to stand aside as your Chancellor. I have accepted,” Kwarteng…

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‘It was really, really important’: Truss on UK’s mini-budget amid economy woes

‘It was really, really important’: Truss on UK’s mini-budget amid economy woes

British Prime Minister Liz Truss said on Friday she recognised there had been some financial market disruption following the government’s so-called mini budget and that it was important monetary and fiscal policy are coordinated. Truss has so far argued market turbulence following the announcement of planned tax cuts a week ago is a result of global problems caused by the Russian invasion of Ukraine, and that she would stick to her plan to try to boost growth. The Bank of England’s chief economist, Huw Pill, said on Thursday there was…

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Liz Truss appointed as UK PM and will take oath along with first all Non-white cabinet

Liz Truss appointed as UK PM and will take oath along with first all Non-white cabinet

London: UK Foreign Secretary Liz Truss was on Monday announced the victor of the contest for the Conservative Party leader, defeating former Chancelllor of Exchequer Rishi Sunak, and paving the way for her to become the next Prime Minister. Truss, who succeeds Boris Johnson, will be the third woman Prime Minister of the United Kingdom after Margaret Thatcher and Theresa May, all of from her Conservative Party. Announcing the results, 1922 Committee chief, Sir Graham Brady said Truss won 81,326 votes, or over 57 per cent, compared to Sunak’s 60,399 votes….

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QUEEN ELIZABETH II, BRITAIN’S LONGEST-REIGNING MONARCH, DIES AT 96

QUEEN ELIZABETH II, BRITAIN’S LONGEST-REIGNING MONARCH, DIES AT 96

London — Queen Elizabeth II, Britain’s longest-reigning monarch and one of the most enduring royal personalities the world has known, has died at the age of 96. Buckingham Palace confirmed that the queen died Thursday at Balmoral Castle, her official residence in Scotland. “The Queen died peacefully at Balmoral this afternoon. The King and The Queen Consort will remain at Balmoral this evening and will return to London tomorrow,” the palace said in a statement, referring to the new monarch, Elizabeth’s eldest son, now known as King Charles III, and…

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Liz Truss wins UK PM race after tough contest with Rishi Sunak

Liz Truss wins UK PM race after tough contest with Rishi Sunak

Liz Truss defeated Rishi Sunak to become next UK PMLiz Truss defeated Rishi Sunak by 81,326 votes to 60,399She will replace Boris Johnson as UK PM UK Foreign Minister and Conservative Party leader Liz Truss was elected as the next UK Prime Minister on Monday. Liz Truss will succeed ousted Boris Johnson as British Prime Minister. Liz Truss defeated her rival, former finance minister Rishi Sunak, to win the Tory leadership contest. Liz Truss defeated rival Rishi Sunak with 81,326 votes to 60,399 among party members. Delivering her victory speech,…

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NANCY PELOSI LANDS IN TAIWAN, DEFIES CHINA

NANCY PELOSI LANDS IN TAIWAN, DEFIES CHINA

Taipei, August 2 US House of Representatives Speaker Nancy Pelosi arrived in Taiwan on Tuesday night despite threats from Beijing of serious consequences, becoming the highest-ranking American official to visit the self-ruled island claimed by China in 25 years. Voices support The visit honours America’s commitment to supporting Taiwan’s vibrant democracy. Nancy Pelosi, US House Speaker Pelosi’s visit has triggered increased tension between China and the US. China claims Taiwan as part of its territory, to be annexed by force, if necessary, and views visits by foreign government officials as…

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Women’s Euro final ENG vs GER highlights: England beats Germany to win EURO after Chloe Kelly winner

Women’s Euro final ENG vs GER highlights: England beats Germany to win EURO after Chloe Kelly winner

Welcome to BRITISHBROADCASTER.COM’s live blog of the Women’s Euros 2022 final between England and Germany at the Wembley Stadium, London. Sarina Wiegman has another Euro winner’s medal to take home. After leading her home side, the Netherlands, to the title in 2017, she has completed the unprecedented task of taking England to the Continental title. There are tears of joy and dances of ecstasy from the English players. It is a peak that they have never climbed, a moment they have never cherished. England is deserving champions after an unbeaten…

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Netflix loses almost a million subscribers

Netflix loses almost a million subscribers

After enjoying a long reign as the king of streaming, Netflix faces a tough fight to keep its crown. It lost almost 1m subscribers between April and July, as the number of people quitting the service accelerated. But that was not as many as the streaming giant had feared. Asked what may have stopped subscriptions sliding further, the firm’s chief executive, Reed Hastings, said: “If there was a single thing, we might say ‘Stranger Things.’” The new season of the hit drama has been a phenomenal success, and may have…

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