Newly Elected British Minister Liz Truss Resigns
Liz Truss has dramatically resigned as prime minister 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.
Tory MPs urged 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.
Truss was elected by the Tory membership in September, but she lost authority after a series of U-turns.
In a speech outside Downing Street, Truss said: "I recognise that I cannot deliver the mandate on which I was elected by the Conservative Party."
Truss said she would remain in post until a successor formally takes over as party leader and is...