LONDON – After just a month and a half as prime minister, most of which was spent on her political life, Liz Truss announced Thursday that she is stepping down. Now she is set to become the shortest occupant of Downing Street in 300 years of British history.
A disastrous series of self-inflicted wounds, which turned into a political death spiral, began with a failed attempt by the leader of the Conservative Party. radically reorient the government’s economic agenda, cutting taxes without saying how the decision would be paid for. It sent the markets crashing and Truss never recovered.