Liz Truss announces her resignation as Prime Minister

The speaker addresses the economic and international instability faced during their tenure, highlighting concerns over low economic growth and the impact of the Ukraine war. They discuss their mandate from the Conservative Party, achievements like energy bill management, and a vision for a low-tax economy post-Brexit. However, due to current circumstances, they announce their resignation as leader of the Conservative Party, having informed the King. A leadership election is planned to ensure continuity in fiscal plans and national security, with the speaker remaining as Prime Minister until a successor is chosen.

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