Rishi Sunak warns of difficult decisions ahead in first speech as PM

Rishi Sunak has warned of "difficult decisions" up arsenic his authorities grapples with a "profound economical crisis", successful his archetypal code arsenic premier minister.

He said helium had been elected arsenic Tory person to "fix" the "mistakes" made by his predecessor, Liz Truss.

Mr Sunak promised to present the manifesto that won the Conservatives a landslide predetermination triumph successful 2019.

His code extracurricular No 10 came aft helium was appointed PM by King Charles.

The UK's archetypal British Asian premier minister, Mr Sunak is expected to denote his furniture this afternoon, aft telling Tory MPs to unify oregon look electoral oblivion.

A ample bulk of those MPs backed him for the enactment and erstwhile his lone remaining rival Penny Mordaunt withdrew, determination was nary request for a ballot of Tory members.

Mr Sunak's effectual coronation arsenic Tory person connected Monday spelled the extremity of Ms Truss's turbulent premiership, conscionable 49 days aft she took office.

Ms Truss became premier curate aft defeating Mr Sunak successful a ballot of Tory members during the summer, winning implicit members with her tax-cutting economical agenda.

But her authorities was destabilised by governmental and economical turmoil, exacerbated by her mini-budget, whose bundle of unfunded taxation cuts has mostly been ditched.

In his speech, Mr Sunak paid tribute to his predecessors Boris Johnson and Ms Truss, saying she "was not incorrect to privation to amended maturation successful this state - it is simply a noble aim".

"But immoderate mistake were made," Mr Sunak said. "Not calved of sick volition oregon atrocious intentions, rather the opposite, successful fact. But mistakes nonetheless.

"I person been elected arsenic person of the enactment and arsenic premier curate successful portion to hole them. And that enactment begins immediately.

Mr Sunak - who was chancellor until July this twelvemonth - said helium would spot "economic componence and stableness astatine the bosom of this government's agenda", informing that "will mean hard decisions to come".