The new British Prime Minister, Rishi Sunak while delivering his first speech in Downing Street said he admires his predecessor, Liz Truss but noted that she made some mistakes which he is ready to fix.
Sunak, 42 who was appointed PM on Tuesday by King Charles III after their meeting at Buckingham Palace said he will place economic stability and confidence at the heart of his government’s agenda.
The British politician, born in Southampton to parents of Indian descent who migrated to Britain from East Africa in the 1960s, took over from Liz Truss who resigned after holding the position for 49 days. He was also named First Lord of the Treasury by the monarch.
Sunak, while addressing the nation in a sombre tone in his first speech as prime minister stated that the UK is in the grip of an economic crisis, but promised to fix “mistakes” made by Liz Truss and win back voters’ trust.
However, Sunak also noted that in an attempt to regain economic stability and avoid borrowing mounting up, there will be “difficult decisions to come”.
He also said his government would demonstrate “integrity, professionalism and accountability”, emphasising a change in approach from the last two Tory administrations.