British Prime Minster, Liz Truss has unexpectedly resigned from her position after just 45 days in the job.
The PM said her successor will be elected in a Tory leadership contest, to be completed in the next week, BBC reported.
Tory MPs urged Ms Truss to go after her government was engulfed by political turmoil, following the ditching of most of her economic policies.
Her resignation comes after a key minister quit and Tory MPs rebelled in a chaotic parliamentary vote.
Prime Minister Liz Truss has RESIGNED. Democracy demands a general election, NOW! pic.twitter.com/J6ShPDpbTV
— Peter Stefanovic (@PeterStefanovi2) October 20, 2022
Ms Truss was elected by the Tory membership in September, but she lost authority after a series of U-turns.
“I recognise that I cannot deliver the mandate on which I was elected by the Conservative Party.” Ms Truss said in a speech outside Downing Street.
Ms Truss said she would remain in post until a successor formally takes over as party leader and is appointed prime minister by King Charles III.
Ms Truss – who took office 44 days ago – will become the shortest-serving PM in British history when she stands down.
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Labour leader Sir Keir Starmer called for an immediate general election following Ms Truss’s resignation speech.