British MPs

Contenders bidding to succeed Prime Minister Liz Truss were on Oct. 21 to open a hectic weekend of campaigning, but opposition parties demanded that UK voters get their own say to end months of political chaos.

British Prime Minister Liz Truss quits after her policies triggered economic turmoil and obliterated her authority.

UK, Politics,

British Prime Minister Liz Truss described herself as "a fighter and not a quitter" Wednesday as she faced a hostile opposition and fury from her own Conservative Party over her botched economic plan. Within hours of the defiant statement, her government was teetering on the verge of collapse.

The U.K.'s new Treasury chief ripped up the government's economic plan on Monday, dramatically reversing most of the tax cuts and spending plans that new Prime Minister Liz Truss announced less than a month ago. The move raises more questions about how long the beleaguered British leader can stay in office, though Truss insisted she has no plans to quit.

Britain's new Treasury chief has acknowledged mistakes made by his predecessor and suggested that he may reverse much of Conservative Prime Minister Liz Truss' tax-cutting plans in order to bring stability to the country after weeks of economic and political turbulence.

In Britain, an opinion poll following the sacking of finance minister Kwasi Kwarteng showed seven in ten Brits did not think Prime Minister Liz Truss could win back the trust of voters.

British Prime Minister Liz Truss is holding her first Cabinet meeting on Wednesday, after appointing a government diverse in race and gender and united in its support for the new leader's staunchly free-market views.

Truss will also face her political opponents for the first time as leader during the weekly Prime Minister's Questions session in the House of Commons.

Britain's new prime minister Liz Truss convenes her senior ministers for an inaugural cabinet meeting on Wednesday on her first full day in office, before she faces a barrage of questions in parliament.

After that, Johnson goes to Scotland to formally offer his resignation to Queen Elizabeth II. Johnson, who announced his intention to resign two months ago, is expected to meet the Queen during the day today at her Balmoral estate to begin the handover to Liz Truss, who was named leader of the ruling Conservative Party on Monday.

Liz Truss has been elected as the Conservative Party's new leader, the party announced Monday, and she will take office today as Britain's new prime minister to steer the country through an acute cost-of-living crisis.