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Oct 20, 2022

UK Prime Minister Liz Truss Resigns Transcript

UK Prime Minister Liz Truss faces pressure to resign as economic concerns mount Transcript
Rev › Blog › Transcripts › Liz Truss › UK Prime Minister Liz Truss Resigns Transcript

U.K. Prime Minister Liz Truss resigns amid controversy. Read the transcript here.

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Speaker 1 (00:00):

[inaudible 00:00:14].

 

Liz Truss (07:14):

I came into office at a time of great economic and international instability. Families and businesses were worried about how to pay their bills. Putin’s illegal war in Ukraine threatens the security of our whole continent, and our country has been held back for too long by low economic growth. I was elected by the Conservative Party with a mandate to change this. We delivered on energy bills and on cutting national insurance and we set out a vision for a low tax, high growth economy that would take advantage of the freedoms of Brexit.

(07:57)
I recognize though, given the situation, I cannot deliver the mandate on which I was elected by the Conservative Party. I have therefore spoken to his Majesty the King, to notify him that I am resigning as leader of the Conservative Party. This morning I met the chairman of the 1922 committee, Sir Graham Brady. We’ve agreed that there will be a leadership election to be completed within the next week. This will ensure that we remain on a path to deliver our fiscal plans and maintain our country’s economic stability and national security. I will remain as Prime Minister until a successor has been chosen. Thank you.

 

Speaker 3 (08:43):

No, let’s just go. Once Margot’s unplugged then we’ll just take it. No, don’t.

 

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