[Central News Agency] British Prime Minister Truss announced his resignation in embarrassment 45 days after taking office. In fact, she did not enjoy a long political honeymoon period when she took office in early September, and immediately experienced "several disasters". The fatal wound of the shortest British Prime Minister.

Deducting the 10-day mourning period following the death of Queen Elizabeth II, Liz Truss only had a one-week "honeymoon period" for the new prime minister, after which her political plans sparked an implosion that led to fiscal and internal affairs Ministers stepped down one after another.

Please read on...

The British "Economist" (The Economist) commented last week that "this preservation period is only comparable to lettuce".

Truss became prime minister on September 6 and resigned 45 days later.

The previous record was 119 days set by George Canning, who died in office in 1827.

●September 5th

Truss, then foreign secretary, won the Conservative Party leader by 81,326 votes, beating former chancellor Rishi Sunak who won 60,399 votes in the party run-off.

Truss was elected as the new leader of the largest party in Congress, despite the support of less than 0.2% of voters and a minority in his party.

The next day, she was formally appointed Prime Minister by the late Queen Elizabeth II.

Truss appointed like-minded Kwasi Kwarteng as Finance Minister.

●September 8

In response to Russia's invasion of Ukraine, Truss unveiled plans for a costly cap on household energy bills.

However, this important policy was ignored by the death of the Queen.

All government business has been suspended for 10 days in mourning for the Queen.

●September 23

Quatton announced a "mini-budget" detailing the energy bill cap plan: a total cost of £60 billion (about NT$2.16 trillion) over the next six months.

However, the bill does not list specific measures to raise funds.

Instead, Quarton announced a massive borrowing to pay for sweeping tax cuts (including for high earners) and to remove caps on bankers' dividends.

The announcement of the policy immediately drew violent political criticism, and the pound fell to parity against the dollar at one point.

On Sunday, September 25, the pound fell to a new low again after the market opened the next day after Quarton promised "more" tax cuts.

The British media began reporting tensions between Quarton and Truss, as well as extreme unease among Conservative MPs such as cabinet members.

●September 28

The Bank of England, the Bank of England, launched a two-week plan to buy UK long-dated bonds, with an initial ceiling of £65 billion, to "restore orderly market conditions" as the turmoil in the bond market put Britain's pension fund in crisis.

●September 29

A poll released by YouGov, a global online pollster, showed that the Conservative Party has fallen behind Labour by 33 percentage points.

It is the second time Labour has taken such a large lead since the heyday of former Prime Minister Tony Blair in the late 1990s.

Other polls also suggest the Conservative Party will be defeated in the general election.

●October 3

Quarton and Truss were forced to make a disgraced policy U-turn, announcing after hasty late-night talks that they were scrapping plans to cut the top 45 percent income tax rate.

On October 5, Truss vowed to pursue "(economic) growth, growth, growth" in his speech at the annual party convention, but he has yet to appease the party's opponents and a jittery market.

UK government bond yields continued to rise; soaring mortgage rates also caused more pain for British households.

●October 10

Quarton revealed that he will release his medium-term financial plan and independent budget forecast ahead of schedule on October 31 (Halloween), rather than late November as originally planned.

This is yet another policy turn.

By October 12, though, Truss had ruled out any cuts to public spending, despite his promises that the rest of the tax cuts would not make a U-turn, adding to the perception that the government was in disarray.

●October 14

With markets still volatile and under increasing pressure on Truss, Quarton was ousted after just 38 days as treasurer.

Truss then named former foreign minister Jeremy Hunt as chancellor.

●October 19

In what the right-wing tabloid The Sun described as an "unusually chaotic day", hardline Home Secretary Suella Braverman resigned after a dispute with Truss and Hunter over immigration. He said he was "deeply concerned" about the state of the government.

In Parliament, a vote to ban fracking, a controversial method of drilling for fossil fuels, has been thrown into disarray as Conservative MPs were asked to vote for the government, but they were generally opposed to the policy.

Truss won the vote, but many lawmakers resisted, telling reporters that it would be the "last straw" to end Truss' term as prime minister.

1111021