Mr Rishi Sunak was sworn in by King Charles III as the UK’s new Prime Minister on Tuesday, promising to fix the mistakes of Liz Truss’s ill-fated tenure.
Speaking for the first time as Prime Minister, he promised to bring stability amid what he called a “profound economic crisis”.
Per Second News reports that Sunak is the youngest prime minister for more than 200 years, the first Hindu and the first of Asian heritage.
As Britain’s third leader in two months, he faces an array of challenges including economic strife, high inflation, the war in Ukraine and a fractured ruling party.
Ms Truss “was not wrong to want to improve growth in this country. It is a noble aim and I admired her restlessness to create change. But some mistakes were made,” Mr Sunak said during the brief ceremony.
“And I have been elected as leader of my party and your prime minister in part to fix them. That work begins today.”
Mr Sunak promised to restore trust as he drew a line under the premierships of Ms Truss and Boris Johnson, who called off an audacious comeback attempt on Sunday.
He said difficult decisions would lie ahead as ministers seek to reassure markets about the state of Britain’s finances.
“I fully appreciate how hard things are. I understand too that I have work to do to restore trust after all that has happened,” Mr Sunak said.
“All I can say is that I am not daunted. I know the high office I have accepted and I hope to live up to its demands.”