Image: PA THE POUND HAS begun to trend upwards this afternoon as financial markets gave a “damning” reaction to the announcement that UK Prime Minister Liz Truss is stepping down after just six weeks in the job.
Prime Minister Liz Truss speaks during Prime Minister’s Questions in the House of Commons, alongside chancellor Jeremy Hunt Source: House of Commons/PA But said: “But the initial reaction seemed very appropriate as the market has acted as judge, jury and executioner for the Truss regime.” Related Reads 20.10.22 LIVE: UK Prime Minister Liz Truss resigns after just six weeks in office 20.10.22 Labour leader Keir Starmer calls for a general election 'now' after Liz Truss resigns as PM 20.10.22 'Chaos', 'on the brink', 'cut to shreds': How UK papers dealt with yesterday's political mayhem