Rishi Sunak has become the new UK Prime Minister after meeting King Charles III at Buckingham Palace.
As per ANI report, Sunak is now the UK’s 57th prime minister after being asked to form a government by King Charles III.
He is the third prime minister this year and will enter Downing Street as the youngest PM in two centuries.
Meanwhile, outgoing Prime Minister Liz Truss has officially become the shortest-serving PM in UK history after she was forced to step down just 45 days into office.
After arriving at 10 Downing street, the new Prime Minister Rishi Sunak made a statement, ANI quoted him as saying , “But I promise you this I will bring that same compassion to the challenges we face today. The Govt I lead will not leave the next generation, your children & grandchildren with a debt to settle that we were too weak to pay ourselves. I will place economic stability & confidence at the heart of this govt’s agenda. This will mean difficult decisions to come. But you saw me during COVID doing everything I could to protect people & businesses. There were always limits more so now than ever”.
On Monday, former UK Chancellor of the Exchequer Rishi Sunak became the Conservative Party leader less than two months after he lost to Liz Truss in the Tory leadership race. Sunak’s change in fate was triggered by the resignation of Truss after high-profile sackings and resignations in her Cabinet, following a heavily criticised mini-budget that left the UK pound tumbling.
#WATCH | Rishi Sunak appointed new British PM by King Charles III, arrives at 10 Downing Street
(Video source: Reuters) pic.twitter.com/Z6L6XvHEMz
— ANI (@ANI) October 25, 2022
Truss’ ascent to power was paved by the Tory leadership crisis following Boris Johnson’s resignation in July, after a series of resignations of cabinet members, who protested against his scandal-plagued leadership.
In a short farewell speech earlier, she defended her legacy of trying to push through tax cuts and said leaders needed to be bold.
She called for lowering taxes and delivering growth, Truss said, “We need to take advantage of our Brexit freedoms to do things differently. This means delivering more freedom for our own citizens and restoring power for our democratic institutions.”
“It means lower taxes so people can keep more of the money they earn. And it means delivering growth that will lead to more job security, higher wages and more opportunities for our children and grandchildren,” she added.