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1:00Now PlayingRishi Sunak answers first PMQs as UK prime minister | USA TODAY #Shorts
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1:00Now PlayingThe United Kingdom’s new Prime Minister Rishi Sunak faced calls for a general election during his first question time as PM.
RELATEDNew British PM Rishi SunakUK faces ‘profound economic challenge’
Britain's new prime minister, Rishi Sunak, warned of "difficult decisions" to come as the country faces a "profound economic crisis."
Sunak was speaking to the media outside his office and residence at No. 10 Downing St. shortly after officially taking over as Britain's leader from Liz Truss. Earlier in the day, he met with King Charles III at Buckingham Palace, where he received symbolic permission to take up the role during a ceremony known as the "kissing of the hands."
In his address, Sunak vowed to "fix" errors he said were made by Truss, who shocked financial markets by attempting to stimulate Britain's anemic economic growth rate by rolling out hyper-aggressive tax cuts at a time of spiraling inflation. Truss resigned 45 days into office, making her tenure the shortest in British history.
"Some mistakes were made," Sunak said. "Not born of ill will or bad intentions. Quite the opposite, in fact, but mistakes nonetheless. And I have been elected as leader of my party and your prime minister, in part to fix them."
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