Rishi Sunak has delivered his first statement as the country's new Prime Minister following the resignation of Liz Truss. Standing in Downing Street, he shared how he accepted the King's invitation to form a government.
The new Prime Minister then set out his key points as the incoming leader of the country. Mr Sunak spoke of a 'profound economic crisis' being faced, while the 'aftermath of Covid still lingers' and the Ukraine continues to 'destabilise' industries across the world.
But he admitted that his predecessor, Liz Truss, made mistakes. The new Prime Minister said: "I have been elected as leader of my party, and your Prime Minister, in part, to fix them."