Overview

Truss was in office for just 44 days, making her the shortest-serving prime minister in British history. For 10 days of her premiership government business was paused following the death of Queen Elizabeth II. On Sept. 23, Truss' finance minister, Kwasi Kwarteng, announced a so-called mini-budget which began a turbulent period for U.K. bond markets which balked at the debt-funded tax cuts he put forward. Most of the policies were reversed three weeks later by the second finance minister, Jeremy Hunt. British Prime Minister Liz Truss exits after 45-day stintLONDON - U.K. Prime Minister Liz Truss resigned Thursday following a failed tax-cutting budget that rocked financial markets and which led to a revolt within her own Conservative Party. This is a rural constituency which retains a significant agricultural and food production sector.[2] The population is largely white and predominantly homeowners, with incomes and house prices slightly below the UK average.[3] Electoral Calculus describes this as a Strong Right seat characterised by socially conservative values and strong support for Brexit.

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