Cabinet continuity - In some of the other cabinet retentions aimed at stability, Sunak kept James Cleverly as foreign secretary, Ben Wallace in the defence brief and Kemi Badenoch in international trade. Sunak in turn praised Johnson, but in a nod to the many scandals that brought Johnson down, vowed his own premiership would offer "integrity, professionalism and accountability at every level". Breaking his silence, Johnson offered his "full and wholehearted support" to Sunak - having privately blamed his ex-minister for toppling him in July. Sunak, a wealthy descendant of immigrants from India and East Africa, secured the top job after rival contender Penny Mordaunt failed to garner enough nominations from Tory MPs and Johnson dramatically aborted a comeback attempt. with a debt to settle that we were too weak to pay ourselves," he added, helping to drive the pound more than one percent higher against the dollar. "The government I lead will not leave the next generation.
"And I have been elected as leader of my party and your prime minister in part to fix them," he said.
Sunak countered that, though Truss was motivated by a well-intentioned desire to kick-start growth, her tax-cutting measures were "mistakes nonetheless". The 47-year-old wished the new leader "every success", noting she remained "more convinced than ever" that Britain needs to be "bold" in confronting the challenges it faces. 'Mistakes' - Truss - chosen by Tory members over Sunak in the summer to replace Johnson - left office as the UK's shortest-serving premier in history. "I will place economic stability and confidence at the heart of this government's agenda," Sunak vowed, capping the latest extraordinary twist in UK politics following Boris Johnson's demise in July.
Addressing the nation in Downing Street Tuesday shortly after his appointment by King Charles III, Sunak said the country faced "profound economic crisis". Sunak, a practising Hindu who at 42 is Britain's youngest leader since 1812, became the ruling Conservatives' new leader on Monday after a prior stint as chancellor himself. In his first order of business, Sunak retained Jeremy Hunt as chancellor of the exchequer, bidding to keep financial markets on side after Truss's budget plans shocked investors, and also retained her foreign and defence ministers, among others. Rishi Sunak on Tuesday became Britain's third prime minister this year and the first person of colour to lead the former imperial power, vowing to overcome an economic crisis provoked by the "mistakes" of Liz Truss's calamitous 49-day tenure.
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