Liz Truss has said she is confident the nation can “ride out the storm” as she vowed to transform Britain into an “aspiration nation” in her first speech from Downing Street as Prime Minister.
Ms Truss gave a short speech setting out her vision for Government from outside Number 10 after a meeting with Her Majesty the Queen at Balmoral.
In an address to the nation, Ms Truss said: “We will transform Britain into an aspiration nation with high-paying jobs, safe streets and where everyone everywhere has the opportunities they deserve.
“I will take action this day and action every day to make it happen."
Boris Johnson’s successor waste no time shaping her Cabinet with Dominic Raab, Steve Barclay and Grant Shapps all being sacked on Tuesday evening and announcing they were returning to the backbenches. All three had been prominent backers of Rishi Sunak, Truss’s leadership rival.
The new prime minister made a series of high-profile appointments, including Kwasi Kwarteng as Chancellor of the Exchequer, Therese Coffey as Deputy PM and Health Secretary, while James Cleverley becomes the new Foreign Secretary.
Ms Truss vowed the country could overcome its challenging economic prospects, telling the public: “I'm confident that together we can ride out the storm, we can rebuild our economy and we can become the modern brilliant Britain that I know we can be.
“This is our vital mission to ensure opportunity and prosperity for all people and future generations. I'm determined to deliver."
Ms Truss, 47, is the third female to hold office in history, and the 15th prime minister appointed under the Queen’s reign. The first was Winston Churchill in 1952.