British PM Rishi Sunak pledges to stabilise economy, here’s his speech minutes

New British Prime Minister Rishi Sunak speaks at Downing Street in London, Tuesday, Oct. 25, 2022, after returning from Buckingham Palace where he was formally appointed to the post by Britain’s King Charles III. (AP Photo/Kin Cheung)

The 42-year-old investment banker-turned-politician Rishi Sunak on 25 October was sworn-in as UK’s first Indian-origin British Prime Minister.

Delivering his first speech for the first time as prime minister from lectern outside Downing Street, Sunak said that he is determined to “fix the mistakes” made by his predecessor Liz Truss.

Here’s what Sunak said:

1) Britain acing profound economic crisis: Sunak began his speech, he said, “Right now our country is facing a profound economic crisis,” adding, “The aftermath of Covid still lingers.”

2) Mistakes were need to be fixed: Referring to the mistakes made by his predecessor Liz Truss, PM Sunak said that he admired her restlessness to create change.

“Not born of ill will or bad intentions, quite the opposite. But mistakes nonetheless,” he said, adding that he is determined to “fix the mistakes” made by his predecessor.

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