Rishi Sunak vows to fix ‘mistakes’ of Liz Truss in first speech as British prime minister

The freshly-appointed Conservative leader warned there are “difficult decisions to come” as he made his first speech from Downing Street after meeting the King Charles III.

Rishi Sunak makes a speech outside 10 Downing Street, London, after meeting King Charles III and accepting his invitation to become British prime minister and form a new government. Picture: Stefan Rousseau/PA Wire

New British prime minister Rishi Sunak warned the nation is facing a “profound economic crisis” as he pledged to fix the “mistakes” of Liz Truss’s leadership.

The freshly-appointed Conservative leader warned there are “difficult decisions to come” as he made his first speech from Downing Street after meeting King Charles III.