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Liz Truss held a press conference in Downing Street on Friday afternoon following the Chancellor’s departure from office as the Prime Minister battled to stay in office amid mounting pressure. The Conservative leader argued that the “mission remains the same” when pressed on whether her resignation may follow that of her close friend and political ally.
Ms Truss told the press conference: “My priority is making sure we deliver the economic stability that our country needs.
“That’s why I had to take the difficult decisions I’ve taken today.
“The mission remains the same. We do need to raise our country’s economic growth levels. We do need to deliver for people across the country. We’re committed to delivering on the energy price guarantee which people are already seeing in their bills.
“But ultimately, we also need to make sure that we have economic stability, and I have to act in the national interest as Prime Minister.”
READ MORE: Kwarteng to cut US trip short to deliver major economic u-turn
Insisting she is “determined to deliver” on her campaign pledges, Liz Truss declined to apologise for the political turbulence in the wake of her economic policies.
Asked if she would apologise to her party, Ms Truss told reporters at Downing Street: “I am determined to deliver on what I set out when I campaigned to be party leader.
“We need to have a high-growth economy but we have to recognise that we are facing very difficult issues as a country.
“And it was right, in the national interest, that I made the decisions I’ve made today to restore that economic stability so we can deliver, first of all helping people through this winter and next winter with their energy bills, but also making sure that our country is on the long-term footing for sustainable economic growth.”
Ms Truss appointed Jeremy Hunt, a former foreign and health secretary, the new Chancellor.
“You have asked me to stand aside as your Chancellor. I have accepted,” Mr Kwarteng said in his resignation letter to Truss, which he published on Twitter.
She said in response: “As a long-standing friend and colleague. I am deeply sorry to lose you from the government.
“We share the same vision.”
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