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Liz Truss resigns as PM and triggers fresh leadership election

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Truss says she will step down after a week-long emergency contest to find successor

Truss resigns – live news updates

Liz Truss has resigned as prime minister and will step down after a week-long emergency contest to find her successor, she has announced outside Downing Street.

It follows a turbulent 45 days in office during which Truss’s mini-budget crashed the markets, she lost two key ministers and shed the confidence of almost all her own MPs.

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