New PM Rishi Sunak pledges to lead Britain out of economic crisis

The new British Prime Minister, Rishi Sunak, has promised to place economic stability and confidence at the heart of his government’s agenda.

The 42-year-old of Indian ancestry was on Tuesday appointed PM by King Charles III after their meeting at Buckingham Palace.

Sunak, who was also named First Lord of the Treasury by the monarch, took over from Liz Truss who resigned after holding the position for 49 days.

Delivering his first speech in Downing Street as PM, Sunak admired his predecessor, Truss, but noted that she made some mistakes.

Speaking about his manifesto, the PM mentioned “a stronger NHS, better schools, safer streets, control of our borders, protecting our environment and supporting our armed forces.”

He continued, “I will place economic stability and confidence at the heart of this government’s agenda. This will mean difficult decisions to come.”

He acknowledged the work he had to do in the difficult moment the UK was facing after COVID-19 took a toll on the former imperial power.

I know the high office I have accepted and I hope to live up to its demands.”

Congratulating the new PM, US President Joe Biden, tweeted, “Together, I look forward to enhancing our cooperation on issues critical to global security and prosperity, including continuing our strong support for Ukraine.”

On his part, India’s Prime Minister, Narendra Modi, in a tweet, said, “Warmest congratulations @RishiSunak! As you become UK PM, I look forward to working closely together on global issues, and implementing Roadmap 2030.”

The first British PM of colour was born on May 12, 1980, to Hindu parents of Punjabi descent.

Sunak served as Chief Secretary to the Treasury under former PM Boris Johnson before he got promoted to Chancellor of the Ex-Chequer on February 13, 2020.