Rishi Sunak has warned there are “difficult decisions” to be made in his first speech as prime minister.
He also promised to restore trust and fix the mistakes made by his predecessor Liz Truss. This is his speech in full:
I’ve just been to Buckingham Palace and accepted His Majesty the King’s invitation to form a government in his name.
It is only right to explain why I’m standing here as your new prime minister.
Right now, our country is facing a profound economic crisis. The aftermath of COVID still lingers. Putin’s war in Ukraine has destabilised energy markets and supply chains the world over.
I want to pay tribute to my predecessor, Liz Truss. She was not wrong to want to improve growth in this country – it is a noble aim.
I admired her restlessness to create change – but some mistakes were made.
Not…