London - Liz Truss, UK’s Prime Minister resigned Thursday, ending a tumultuous six-week term. He resignation came after her policies triggered turmoil in financial markets and a rebellion in her party obliterated her authority.

She said, “I cannot deliver the mandate on which I was elected.”

Just a day earlier Truss had vowed to stay in power, saying she was “a fighter and not a quitter.” But Truss couldn’t hold on any longer after a senior minister quit her government with a barrage of criticism and a vote in the House of Commons descended into chaos and acrimony just days after she was forced to abandon many of her economic policies.

Her departure leaves a divided Conservative Party seeking a leader who can unify its warring factions.

A growing number of lawmakers had called for Truss to resign after weeks of turmoil sparked by her economic plan. The plan unveiled by the government last month triggered financial turmoil and a political crisis that has seen the replacement of Truss’ Treasury chief, multiple policy U-turns and a breakdown of discipline in the governing Conservative Party.

Truss had held a hastily arranged meeting in her 10 Downing Street office with Graham Brady, a senior Conservative lawmaker who oversees leadership challenges. Brady was tasked with assessing whether the prime minister still has the support of Tory members of Parliament — and it seemed she did not.

A growing number of Conservative members of Parliament had called Thursday for her to step down and end the chaos.

The dramatic developments came days after Truss fired her Treasury chief, Kwasi Kwarteng, on Friday after the economic package the pair unveiled Sept. 23 spooked financial markets and triggered an economic and political crisis.

On Monday Kwarteng’s replacement, Hunt, scrapped almost all of Truss’ tax cuts, along with her flagship energy policy and her promise of no public spending cuts. He said the government will need to save billions of pounds and there are “many difficult decisions” to be made before he sets out a medium-term fiscal plan on Oct. 31.

Speaking to lawmakers for the first time since the U-turn, Truss apologized Wednesday and admitted she had made mistakes during her six weeks in office, but insisted that by changing course she had “taken responsibility and made the right decisions in the interest of the country’s economic stability.”

Opposition lawmakers shouted “Resign!” as she spoke in the House of Commons.
-AP