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U.K. Prime Minister Liz Truss resigns after just 44 days in office

Commons chief Mordaunt, ex-chancellor Sunak are frontrunners to replace her

U.K. Prime Minister Liz Truss announces her resignation after just six weeks in office.   © Reuters

LONDON (Financial Times) -- Liz Truss was forced to quit as U.K. prime minister on Thursday, drawing to a dramatic close 44 days in office that saw her preside over an economic meltdown and catastrophic damage to the ruling Conservative Party.

Truss was told to quit by senior party figures on Thursday morning, leaving bitterly divided Tory MPs facing the prospect of having to choose a third prime minister in a matter of months.

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