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Britain in turmoil following resignation of PM Liz Truss

02:33

After just 45 days as Britain’s prime minister, Liz Truss formally resigned on Thursday making her the shortest serving prime minister in the country’s history. During her brief tenure at Downing Street, mortgage rates spiked, the British pound tanked and inflation rose even more quickly than in the U.S. NBC’s Molly Hunter reports for TODAY.

British Prime Minister Liz Truss resigns after disastrous economic plan