Rishi Sunak will address the nation for the first time as Prime Minister this morning as takes over from Liz Truss. The Conservative leader will speak to the country from the steps of Downing Street after visiting the King to be officially appointed to the top job.
He is set to warn of difficult decisions ahead due to the dire economic outlook but will pledge to fix the cost-of-living crisis gripping ordinary Britons.
The Richmond MP will enter No10 as the UK’s first Hindu prime minister, the first of Asian heritage, and the youngest for more than 200 years at the age of 42.
He faces a huge list of challenges including tackling inflation, spiralling fuel costs and interest rate hikes on the economic front as well as the need to stand up to Vladimir Putin over his illegal war in Ukraine.
Mr Sunak’s first remarks are likely to echo those made yesterday when he gave a short broadcast statement after being made Tory leader.
He said: “I am humbled and honoured to have the support of my parliamentary colleagues and to be elected as leader of the Conservative and Unionist Party.
“It is the greatest privilege of my life to be able to serve the party I love and give back to the country I owe so much to.
“The United Kingdom is a great country. But there is no doubt we face a profound economic challenge.
“We now need stability, and unity, and I will make it my utmost priority to bring our party and our country together.
“Because that is the only way we will overcome the challenges we face and build a better, more prosperous future for our children and our grandchildren.
“I pledge that I will serve you with integrity and humility, and I will work day in, day out to deliver for the British people.”
Mr Sunak will give his speech outside Downing Street shortly after Ms Truss delivers her final address to the nation.
She is expected to hold a Cabinet meeting this morning to say goodbye to her top team before leaving No10 for the last time at around 10.30am.
The outgoing Prime Minister will then travel to Buckingham Palace to meet the King and officially tender her resignation.
A meeting between the Monarch and Mr Sunak will then take place before he speaks shortly before midday.
Mr Sunak is set to waste no time in appointing a Cabinet of ministers to help tackle the awaiting in-tray.
It is thought Jeremy Hunt, who was appointed by Chancellor by Ms Truss just a week ago, will remain in post in order to help keep economic stability.
Some former ministers such as Michael Gove and Dominic Raab have also been tipped to make a return to the front line.
James Cleverly, the current Foreign Secretary, said yesterday: “We have got to have the first 15 on the pitch. I know that Rishi understands that.”