PanamaTimes

Wednesday, Jul 09, 2025

Resign Or Be Pushed? Scenarios Facing UK's Embattled PM Liz Truss

Resign Or Be Pushed? Scenarios Facing UK's Embattled PM Liz Truss

At least four MPs from Truss's Conservative party have publicly urged her to quit in the aftermath of the dramatic U-turns on her economic agenda in recent days.

Calls are growing for Britain's beleaguered Prime Minister Liz Truss to resign or be replaced, after weeks of economic and political tumult over her now largely abandoned tax-slashing economic package.

Here's are four scenarios for Truss, who only succeeded Boris Johnson in Downing Street early last month.

Truss resigns


At least four MPs from Truss's Conservative party have publicly urged her to quit in the aftermath of the dramatic U-turns on her economic agenda in recent days.

Numerous others have told reporters her tenure, just six weeks old, is effectively finished.

Following the decision on Friday to sack her finance minister and replace him with previous leadership rival Jeremy Hunt, Truss could decide her credibility has been so undermined that she must stand down.

She would remain as prime minister until a successor was decided.

That could mean another Tory leadership contest, less than two months after the last one formally concluded.

But the party could avoid a lengthy and divisive fight by consolidating around a single replacement, who is selected in a coronation.

Theresa May replaced ex-premier David Cameron in 2016 -- amid the fallout from the Brexit referendum -- after all the other contenders eventually withdrew.

However, Truss has shown no sign of being willing to resign, with her spokesman telling reporters on Monday she remained "focused on delivery".

No-confidence vote


Tory MPs could try to force Truss from office -- but it would require a unified effort by the party's ever-fractious 357 House of Commons lawmakers.

Conservative party rules prevent a new leader facing a vote of no-confidence by their colleagues in their first year, because only one contest can be held in any 12-month period.

Outside of that, it normally requires 15 percent of the parliamentary party -- currently 54 MPs -- to back a leadership election.

However, the powerful 1922 Committee of Tory backbenchers, which sets the party's internal rules, could move to change them to allow for a no-confidence vote in Truss.

In that scenario, it is unclear what threshold would be set to trigger a ballot.

If she lost that possible vote, Truss would no longer be Conservative party leader but would remain as prime minister until a successor was selected.

The 1922 Committee would need to agree on the rules for selecting that new leader -- who would be the party's third this year and fifth since 2016.

Reports suggest Tory MPs do not want a protracted contest decided by rank and file party members, so they could attempt rally behind a single so-called unity candidate.

But the party is deeply divided and may struggle to coalesce around a single figure.

Truss survives


Although she has severely damaged her credibility, Truss may have carved out some political space to steady her faltering premiership, after replacing finance minister Kwasi Kwarteng on Friday with the more centrist Hunt.

Meanwhile, ditching almost all of her mini-budget has calmed the previously roiled markets, giving her some financial stability and time to turn things around.

Truss will meet with different factions of her unhappy party this week, while hosting the cabinet for a reception in Downing Street on Monday night.

Beyond that, Hunt will detail at the end of the month how the government will reduce borrowing over the medium-term, providing a further opportunity to reassure markets.

General election


The next election in Britain is due by January 2025 at the latest, with the government able to decide if and when to trigger a contest prior to that.

However, Truss's government must retain the support of a majority of MPs.

Under Britain's uncodified constitution, there are thought to be three ways they can show they have lost faith, including by passing a no-confidence motion or voting down the government's budget plans.

In such a scenario, the prime minister is expected either to resign or request the dissolution of parliament from the king, which if accepted, prompts a general election.

The main opposition Labour party currently enjoys its highest poll leads in decades, with some surveys showing the Tories set to lose hundreds of seats.

So it is seen as highly unlikely that the scores of Conservative MPs needed to vote down the government would join opposition parties in doing so.

Newsletter

Related Articles

PanamaTimes
0:00
0:00
Close
U.S. Enacts Sweeping Tax and Spending Legislation Amid Trade Policy Shifts
AI Raises Alarms Over Long-Term Job Security
House Oversight Committee Subpoenas Former Jill Biden Aide Amid Investigation into Alleged Concealment of President Biden's Cognitive Health
OpenAI Secures Multimillion-Dollar AI Contracts with Pentagon, India, and Grab
Brazilian Congress Rejects Lula's Proposed Tax Increase on Financial Transactions
Landslide in Bello, Colombia, Results in Multiple Casualties
Papa Johns pizza surge near the Pentagon tipped off social media before Trump's decisive Iran strike
Juncker Criticizes EU Inaction on Trump Tariffs
Minnesota Lawmaker Melissa Hortman and Husband Killed in Targeted Attack; Senator John Hoffman and Wife Injured
Wreck of $17 Billion San José Galleon Identified Off Colombia After 300 Years
Sole Survivor of Air India Crash Recounts Escape
Coinbase CEO Warns Bitcoin Could Supplant US Dollar Amid Mounting National Debt
UK and EU Reach Agreement on Gibraltar's Schengen Integration
Israeli Finance Minister Imposes Banking Penalties on Palestinians
U.S. Inflation Rises to 2.4% in May Amid Trade Tensions
Trump's Policies Prompt Decline in Chinese Student Enrollment in U.S.
Global Oceans Near Record Temperatures as CO₂ Levels Climb
Trump Announces U.S.-China Trade Deal Covering Rare Earths
Smuggled U.S. Fuel Funds Mexican Cartels Amid Crackdown
Protests Erupt in Los Angeles with Symbolic Flag Burning
Trump Administration Issues New Travel Ban Targeting 12 Countries
Man Group Mandates Full-Time Office Return for Quantitative Analysts
JPMorgan Warns Analysts Against Accepting Future-Dated Job Offers
Builder.ai Faces Legal Scrutiny Amid Financial Misreporting Allegations
Japan Grapples with Rice Shortage Amid Soaring Prices
Goldman Sachs Reduces Risk Exposure Amid Market Volatility
HSBC Chairman Mark Tucker to Return to AIA as Non-Executive Chair
Israel Confirms Arming Gaza Clan to Counter Hamas Influence
Judge Blocks Trump's Ban on International Students at Harvard
Trump Proposes Travel Ban on 'Uncontrolled' Countries
Panama Port Owner Balances US-China Pressures
Trump Administration Accused of Obstructing Deportation Cases
Trump’s China Strategy Remains a Geopolitical Puzzle
Eurozone Inflation Falls Below ECB Target to 1.9%
Call for a New Chapter in Globalisation Emerges
Blackstone and Rivals Diverge on Private Equity Strategy
Mayor’s Security Officer Implicated | Shocking New Details Emerge in NYC Kidnapping Case
Bangkok Ranked World's Top City for Remote Work in 2025
Denmark Increases Retirement Age to 70, Setting a European Precedent
Netanyahu Accuses Western Leaders of 'Emboldening Hamas'
Escalating Trade Tensions and Market Reactions
OnlyFans Reportedly in Talks for $8 Billion Sale
JBS Gains Shareholder Approval for U.S. Stock Listing
Booz Allen Hamilton to Cut 2,500 Jobs Amid Federal Spending Reductions
Trump Signs Executive Orders to Accelerate Nuclear Energy Development
Harvard Temporarily Blocks Trump Administration's International Student Ban
Nippon Steel Forms Partnership with U.S. Steel, Headquarters to Remain in Pittsburgh
Trump Expands Tariff Threats to Apple and Samsung Devices
Oracle and OpenAI Plan $40 Billion Nvidia Chip Purchase for AI Data Center
Trump Threatens 50% Tariff on EU Goods, Markets React
×