Liz Truss has insisted ‘brighter days lie forward’ as she gave her remaining speech earlier than leaving Number 10.
Speaking exterior Downing Street, Ms Truss, who has grow to be the nation’s shortest serving prime minister after simply seven weeks, wished Rishi Sunak “every success” as he takes the reins.
But she appeared to double down on her political philosophy, saying taxes wanted to be decrease and the UK “simply cannot afford to be a low growth country”.
“I am more convinced than ever that we need to be bold and confront the challenges that we face,” she added.
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“As the Roman philosopher Seneca wrote, it’s not because things are difficult that we do not dare is because we do not dare that they are difficult.”
Ms Truss is now heading to Buckingham Palace to formally provide her resignation to the King.
She can be adopted by the brand new chief of the Conservative Party, Mr Sunak, who can be requested by the King to kind a brand new authorities.
The outgoing PM claimed her short-lived administration had “acted urgently and decisively on the side of hard working families and businesses” by reversing the rise in National Insurance and introducing assist with vitality payments over the winter.
But there was no apology after the financial chaos of latest weeks following her tax slashing mini-budget that in the end let to her downfall.
She revealed in her speech that she deliberate to proceed to function an MP from the backbenches, and echoed her speech on getting into Downing Street, saying: “Our country continues to battle through a storm, but I believe in Britain.
“I consider within the British folks and I do know that brighter days lie forward.”
Ms Truss won the keys to Number 10 at the start of September after a summer-long leadership contest to replace Boris Johnson.
She beat Mr Sunak with 57% of the votes from party members and promised them she would “ship, ship, ship”.
The begin of her premiership was dominated by the dying of the Queen, along with her attending tribute occasions throughout the nation to help the brand new King and giving a studying on the monarch’s funeral.
But her time in workplace was outlined by mini-budget that despatched markets into turmoil and the pound dropping at report charges.
Ms Truss tried to regain her authority by firing her Chancellor Kwasi Kwarteng and changing him with Jeremy Hunt, who inside days had reversed almost all her insurance policies.
But after the resignation of her dwelling secretary and chaos in parliament over a vote on fracking, she mentioned she accepted she might now not keep in put up.
Mr Sunak was chosen to interchange her by Tory MPs 4 days later, and can shortly grow to be the nation’s new prime minister.