Explorer

My Govt Acted 'Urgently And Decisively' To Help Hard-Working Families, Says Liz Truss In Farewell Speech

Truss claimed in her farewell speech to have saved thousands of businesses from bankruptcy and reclaimed energy independence, claiming that we are "no longer reliant on malign foreign powers."

Outgoing British Prime Minister Liz Truss said on Tuesday that her government had acted "urgently and decisively" to assist hardworking families and thousands of businesses facing bankruptcy, news agency PTI reported. 

Truss spoke after chairing her final Cabinet meeting at 10 Downing Street before heading to Buckingham Palace to formally tender her resignation to King Charles. 

In her farewell speech, Truss said it was "a huge honour" to be prime minister and to lead the nation in mourning the death of Queen Elizabeth II and welcoming the accession of King Charles III, PTI reported. 

Truss, who stepped down last Thursday after 45 days in office becoming Britain's shortest serving Prime Minister. 

Her government, she said, had acted "urgently and decisively" to assist hardworking families.

She claimed to have saved thousands of businesses from bankruptcy and reclaimed energy independence so that we are "no longer reliant on malign foreign powers," PTI reported.

She will hand over power to Rishi Sunak, who was elected unopposed as the new leader of the governing Conservative Party on Diwali.

ALSO READ: Rishi Sunak’s Rise To PM Is ‘Obama Moment For British Hindus’, Says UK Hindu Temple Leader

Sunak will be appointed to the position after an audience with King Charles III.

After his meeting with King Charles III at Buckingham Palace on Tuesday, the 42-year-old former Chancellor of the Exchequer, a devout Hindu, will enter 10 Downing Street as the youngest British prime minister in 210 years.

He will be the UK's first Hindu Prime Minister of Indian origin.

Truss congratulated Sunak on his appointment as Conservative Party Leader and next Prime Minister on Monday, saying, "You have my full support."

The outgoing prime minister was elected on a promise to cut taxes in order to spur economic growth, but she was forced to reverse almost all of her economic policies after her mini-budget caused financial turmoil and sent the Pound Sterling crashing.

Sunak famously referred to Truss' plans as "fairy-tale economics," and his supporters repeatedly emphasised how he had made the big calls correctly and was thus the right candidate to restore economic credibility.

(With Inputs From PTI)

View More
Advertisement
Advertisement
25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Advertisement

Top Headlines

'Not In Good Taste', 'No Significance In Maharashtra': NDA Leaders Divided Over 'Batenge To Katenge' Slogan
'Not In Good Taste', 'No Significance In Maharashtra': NDA Leaders Divided Over 'Batenge To Katenge' Slogan
GRAP 3 In Delhi From Tomorrow As AQI Remains In 'Severe' Category. Details Here
GRAP 3 In Delhi From Tomorrow As AQI Remains In 'Severe' Category. Details Here
AAP's Mahesh Kumar Khichi Elected As Delhi's New Mayor Amid Cross-Voting
AAP's Mahesh Kumar Khichi Elected As Delhi's New Mayor Amid Cross-Voting
'Cong Desperate For Power Like Fish Out Of Water': Modi At Mumbai Rally, Takes 'Remote Control' Jibe At Uddhav
'Cong Desperate For Power Like Fish Out Of Water': Modi At Mumbai Rally, Takes 'Remote Control' Jibe At Uddhav
Advertisement
ABP Premium

Videos

Nirmala Sitharaman Announces Game-Changing Collateral-Free Loan Scheme for MSMEsSIP Emerges as a Safe Investment Amidst Market Fluctuations | Paisa LiveTop Banks Offering 8.75% Interest for Senior Citizens: Here’s What You Need to Know!RBI Set to Make a Big Decision on Your EMI: What You Need to Know!

Photo Gallery

Embed widget