What will happen next in Britain after the resignation of Liz Truss

British Prime Minister Liz Truss resigned on Thursday. Speaking to reporters in front of the Prime Minister’s Office 10 Downing Street, she said that she would not be able to fulfill the mandate under which she was elected.
He said the period in which he was elected to the post of prime minister was a “period of economic and international instability”. She said, “I believe that in the current situation, I will not be able to fulfill the mandate under which the Conservative Party elected me.
Truss said she had spoken to King Charles III and informed him that she was resigning as head of the Conservative Party. Liz Truss also said that she met Sir Graham Brady, the chairman of her party’s parliamentary party, on Thursday.
He said both have agreed that the party leader will be elected next week and she will continue as acting prime minister until her successor is chosen.
Liz Truss took power as Prime Minister of Britain 44 days ago. After stepping down, she will become the shortest-serving British prime minister.
After Liz Truss’s announcement, Labor leader Sir Keir Sturmer called for an immediate general election. Liz Truss’s resignation comes after Interior Minister Suella Braverman stepped down and Conservative MPs rebelled.
Elections for the leader of the Conservative Party are due next week. Truss said she would continue as acting prime minister until a new leader was elected.
What is happening in Britain after the resignation, and how the election of the new Prime Minister will affect relations with India, former BBC Hindi editor and political expert Shivkant Sharma spoke in detail in the BBC’s day-long programme. Read what he said:
What’s up in the UK?
The speculation that the Prime Minister will resign was being done for two days, now the atmosphere is confused because the next leader is to be elected within a week.
The question is, how will the process which could not be completed in five weeks before, be completed in one week. No one is able to give correct answer regarding this.
One reason for this could be that either there will be only one candidate for the leadership position or two candidates are in talks. If there is a candidate, Rishi Sunak’s name is likely to come up. Even if there are two candidates, Sunak can be one of them, people believe.
Although Jeremy Hunt’s name was also coming up but he refused. Apart from this, there is also the name of Penny Mordent. Some people are also saying that if it comes to consensus, then it is possible that Boris Johnson will come back to the arena.
Apart from this, the name of Sohela Braverman is also discussed but I don’t think she will get the same support as she got earlier. It is also possible that ordinary members of the Conservative Party do not participate in this process and only the MP elects a new representative, only then this process will be completed in a week, because it takes a lot of time to reach all one lakh sixty thousand people. Will go
Liz Truss’s tenure: when-and-what?
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08 September 2022 to 20 October 2022
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05 September 2022: Liz Truss becomes leader of the Conservative Party, defeating Rishi Sunak. Truss got 81,326 votes while Sunak got 60,399 votes.
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06 September 2022: Liz Truss sworn in as Prime Minister. Two days later, Queen Elizabeth II of Britain died at the age of 96.
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23 September 2022: Chancellor Kwazi Quarteng announces a ‘mini budget’ that calls for a tax cut of $45 billion. This caused volatility in the market.
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26 September 2022: The loss of confidence in the UK market following the presentation of the ‘Mini Budget’ resulted in the pound reaching its lowest level against the dollar.
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03 October 2022: Truss and Quarteg take U-turn and overturn the decision of higher rate of income tax.
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October 14, 2022: Truss sacks Quarteg and appoints Jeremy Hunt, who supported tax cuts, as the country’s finance minister.
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19 October 2022: UK Home Secretary Suella Braverman resigns. He attributed his resignation to the way the new government was working and said that he was concerned about the direction in which this government was going.
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20 October 2022: Truss resigns as party chief. After this, now the leader of the Conservative Party will be elected for the fourth time in four years.
What will be the challenges before the next PM?
Liz Truss did not live up to her promises, it can be said that her promises were too bookish, to grow the economy, reduce taxes. In theory this is true, but everything has a time. Rishi Sunak was saying that we want to do all these things but now is not the right time. Right now there is a time of inflation and recession.
The people of Britain are worried, they feel that if the system had been different, there would have been a general election and the Labor Party would have come. But the problem would have been the same in front of them, this is an international problem, now a person is needed who acts with restraint, does not make big promises, wins the trust of the people and moves forward slowly.
The Labor Party feels that the need has come to replace the entire government, but if we look at the system and the figures, the Conservative Party has 357 MPs in the House of 650 and as long as the party is united and does not want elections, then there is no election. Will be
There was a similar economic crisis in 1992 when the UK was forced to withdraw from the ERM (European Exchange Rate Mechanism). At that time too, the Conservative Party government ran for two years, but the credibility that they lost at that time could not be recovered. This time also I see the same thing happening.
What is the meaning for India?
When Boris Johnson came, there were some trade agreements, it has been a long time. India need not worry too much because Britain needs India for more trade than India. So whichever new government will come, it will work according to India provided the government of India keeps its cards with itself and plays smartly.
Anyone of Indian origin can become the Prime Minister, but it is generally seen that he starts adopting strict policies in order to become loyal, so India will not get any great benefit. It does not seem that there will be any fundamental changes regarding India.
What is happening here is ridiculous but one big thing that India should learn is that democracy happens when there is democracy within the party as well. See that in the Conservative Party, if they do not consider a leader to be right, then they speak, if there is a difference of opinion about ideology, then they express it.
Copy – Shubham Kishore