British Prime Minister Liz Truss on Thursday dramatically announced her resignation just six weeks after taking office.

Truss bowed to the inevitable after her right-wing platform of tax cuts disintegrated and as many MPs among the ruling Conservatives revolted.

Speaking in Downing Street, Truss said she would stay on as prime minister until a successor is chosen to serve as Tory leader.

Truss was UK’s third female PM after Margaret Thatcher and Theresa May.

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