The 'mini-budget' of September 2022 (2022)
Kwasi Kwarteng's unfunded tax cuts, including abolishing the 45p rate, triggered a gilt market crisis and Bank of England intervention
Prime Ministers · 21st century
1975– · British
Conservative
In office: 2022
Liz Truss is the shortest-serving prime minister in British history, in office for 49 days in autumn 2022. She was the last prime minister appointed by Elizabeth II, who died two days later. Her chancellor Kwasi Kwarteng's unfunded "mini-budget" tax cuts caused turmoil in the financial markets, and she resigned after sacking him and reversing most of the plan.
The 'mini-budget' of September 2022 (2022)
Kwasi Kwarteng's unfunded tax cuts, including abolishing the 45p rate, triggered a gilt market crisis and Bank of England intervention
Appointment by Elizabeth II at Balmoral (2022)
The Queen's last act of appointing a prime minister, two days before her death
The Daily Star lettuce livestream (2022)
A lettuce 'outlasted' her premiership
The Energy Price Guarantee (2022)
Capped typical household energy bills at £2,500 a year
Sacking Kwasi Kwarteng and appointing Jeremy Hunt as Chancellor (2022)
Hunt reversed most of the mini-budget days later