(Image source from: Twitter.com/RishiSunak)

Liz Truss submitted her resignation as the Prime Minister of the United Kingdom just after 45 days after she took up the position. Liz Truss spoke outside her office and she informed that she could not deliver the promises because of which she has taken the call. She was running for Cosenservative leader and Liz Truss said that she has a lot of faith on the party. "There will be a leadership election that will be held next week" told Liz Truss. There are talks that Rishi Sunak will take the oath as the new Prime Minister of the United Kingdom. Liz Truss said that she would continue as the Prime Minister untill the new one will be chosen. Rishi Sunak and Penny Mordaunt are the two contenders in the race.

Rishi Sunka remains as the Sky Bet's favourite by paying out 7.83 USD for every bet of 4 GBP on the ex-chancellor. Jeremy Hunt, the new chancellor is on the top of the list of the favorites in less than a week. The loyalists of the former Prime Minister Boris Johnson say that the party should bring him back. There are also speculations about Boris Johnson and Theresa May returning to Number 10. It all started with the showpiece tax-slashing policy and this triggered criticism. Though she aimed at reviving the UK economy but Liz Truss had to take a U-turn. The ruling Conservation Party is badly damaged with the exit of Liz Truss. Rishi Sunak was defeated by Liz Truss in the summer elections and now, Rishi is all set to take the oath.