MPs have been giving their reaction following the resignation of Liz Truss. 

Ms Truss revealed she was quitting from the top job on Thursday, October 20 after a chaotic 44 days in office during which she lost the confidence of Tory MPs and the public and oversaw economic turbulence.

Commenting soon after her short departure speech outside Number 10, Dr James Davies, MP for Vale of Clwyd, said: "A positive future for Britain depends on building a stronger, more productive economy. While this was the aim of Liz Truss, it is clear that her approach – the mini budget – proved the wrong plan at this time of international economic instability and the European energy crisis. Accordingly, it was right for her to resign. 

“I maintain my focus on working for constituents in the Vale of Clwyd and look forward to a new leader being in place within the next week. 

"The implementation of the 2019 General Election manifesto, relative to the economic situation, must be the priority of the Government with immediate effect.”

David Jones, MP for Clwyd West, agreed that Ms Truss's 'mini budget' was connected to her downfall. 

"Liz Truss meant well and had many good ideas. She delivered the energy support package, which will save householders many thousands of pounds over the coming winter. She also reversed the increase in National Insurance contributions, worth over £300 per annum to the average worker," Mr Jones said. 

"Unfortunately, her “mini budget” was insufficiently detailed to provide reassurance to the markets. 

"Her valedictory speech in Downing Street was dignified.

"It is hard not to feel sympathy for one who tried her very best."

Virginia Crosbie, MP for Ynys Môn, felt Ms Truss was "brave to acknowledge she could not continue."

"This has been a bruising and difficult time for the party. It now needs to stop the fighting and unite again under a new leader," she said.

"On a personal level, I have found what has happened very frustrating. All I am focused on is making the lives of islanders better. I want to see investment and jobs here on Anglesey. Anything less is a distraction.

"I will be meeting with the new PM as a matter of urgency to ensure he or she understands what my priorities are. We need a new nuclear power station on Ynys Môn, a freeport and for our island to be a centre for green energy.

"In this respect nothing has changed. It’s business as usual."

 Robin Millar, MP for Aberconwy, released a long statement on his website. 

He said: "Liz Truss was clear and sincere in her beliefs, was endorsed by the party and applied herself to the task at hand. But after failing to persuade the markets and all of her Parliamentary colleagues, she is making way for a successor who can unite the party and continue the important work of delivering our manifesto and growing the economy. I wish her, her family and close team well over the coming weeks.

"This is a less than ideal situation. It is my strongly held view that in turbulent times, loyalty to a leader and unity of the party are key to stability the markets seek and that people expect. It is regrettable to me that some colleagues clearly thought differently.

"For that reason, my priority in the coming election will be to seek the unity of the Party. Without unity, the business of government slows.

"Without unity, it makes the work of supporting and representing you in Aberconwy that much harder."

Hywel Williams, MP for Arfon, posted on Twitter: "Truss has gone - but says a new PM will be chosen within the week. So they will have to bypass the membership. Not a recipe for contentment in the voluntary party."

Ms Truss gave a notably short resignation speech outside No 10 on Thursday, reflecting the record-breaking brevity of her time as Prime Minister.

The Conservative party are now scrambling to find a replacement, who will become the third leader in two months.