New Prime Minister Rishi Sunak must strive to restore stability in the Government and UK economy, business leaders have urged.
The new leader of the Conservative Party visited the King at Buckingham Palace, where he was officially appointed Prime Minister – the third in seven weeks – and invited to form a cabinet in his name. Together with his team of advisers he has been drawing up his cabinet which, it is understood, he wants to be a “Government of all talents”.
As the Cabinet was being announced, business leaders in the North East welcomed Mr Sunak’s appointment, highlighting how they want to work with him to tackle the challenges they face in the region.