Uk news: Rishi Sunak has warned of “difficult decisions” ahead as his government grapples with a “profound economic crisis”, in his first speech as prime minister.
He said he had been elected as Tory leader to “fix” the “mistakes” made by his predecessor, Liz Truss.
Mr Sunak promised to deliver the manifesto that won the Conservatives a landslide election victory in 2019.
His speech outside No 10 came after he was appointed PM by King Charles.
The UK’s first British Asian prime minister, Mr Sunak is announcing his cabinet this afternoon, after telling Tory MPs to unify or face electoral oblivion.
A large majority of those MPs backed him for the leadership and when his only remaining rival Penny Mordaunt withdrew, there was no need for a ballot of Tory members.