Prime Minister Liz Truss quits, but UK's political and economic turmoil persist

By JILL LAWLESS Associated Press

LONDON (AP) — British Prime Minister Liz Truss quit Thursday after a tumultuous and historically brief term in which her economic policies roiled financial markets and a rebellion in her political party obliterated her authority.

Truss became the third Conservative prime minister to be toppled in as many years, extending the instability that has shaken Britain since it broke off from the European Union and leaving its leadership in limbo as the country faces a cost-of-living crisis and looming recession.

Financial markets were soothed, but bitterly divided Conservative Party lawmakers have just a few days to agree on a successor — or face yet another leadership contest.