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‘No more circus’: UK business leaders call for economic stability after Truss exit

Bosses condemn political turmoil and say next prime minister must ‘restore confidence from day one’

  • Liz Truss resigns as PM and triggers fresh leadership election
  • Truss resigns – live news updates

Business leaders have responded with anger and dismay to the UK’s political crisis, saying that Liz Truss’s replacement must act rapidly to stabilise the crisis-hit economy.

The prime minister announced her resignation on Thursday afternoon, after only 45 days in the job, leaving businesses uncertain of the government’s plan for policy issues such as the taxes they will pay and the extent of future energy subsidies.

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