Embattled British Prime Minister Liz Truss announced she would step down from officer Thursday after serving just six weeks in office.

Truss’ perilous stint on Downing Street was marked by fiscal fiasco and hostile opposition form her own conservative party over her proposal to cut taxes on corporations and the wealthy, which sent financial markets into a weeks-long slide.

Truss, 47, replaced Boris Johnson who resigned over the summer following a ethics scandal that 50 members of the government to quit in protest.

Liz Truss has dramatically resigned as prime minister after just 45 days in the job.

The PM said her successor will be elected in a Tory leadership contest, to be completed in the next week.

Tory MPs urged Ms Truss to go after her government was engulfed by political turmoil, following the ditching of most of her economic policies.

Ms Truss was elected by the Tory membership in September, but she lost authority after a series of U-turns.

Liz Truss has resigned as prime minister and will step down after a week-long emergency contest to find her successor, she has announced outside Downing Street.

It follows a turbulent 45 days in office during which Truss’s mini-budget crashed the markets, she lost two key ministers and shed the confidence of almost all her own MPs.

Her statement came after she met Graham Brady, the chair of the 1922 Committee of backbench Tory MPs at Downing Street, followed by her deputy PM, Thérèse Coffey, and the party chair, Jake Berry.