Rishi Sunak has said “some mistakes were made”, but not out of “ill will or bad intentions”, during his first speech as Prime Minister.
He warned the nation is in a “profound economic crisis” and added that there are “difficult decisions to come”.
Speaking on the steps of Downing Street, behind a smaller lectern than his predecessor, Sunak said Truss was “not wrong” to want to deliver economic growth, but that the wrong course was taken in trying to do so.