* Rishi Sunak has met King Charles at Buckingham Palace and been made new PM, taking over from Liz Truss
* Ms Truss held a last Cabinet meeting before drawing a line under her disastrous tenure in Downing Street
* Mr Sunak assembling a Cabinet while facing in-tray that includes soaring inflation and hole in public finances
* Jeremy Hunt set to stay as Chancellor, while Dominic Raab and Michael Gove could make return to frontline
* But Defence Secretary Ben Wallace at risk as Mr Sunak resists pledge to raise military spending to 3% of GDP
Rishi Sunak plunged the knife in on Liz Truss today pledging to 'fix' her 'mistakes' and win back the public's 'trust' after taking over as Britain's 57th PM.
The incoming premier addressed the nation from Downing Street after being asked to form a government by King Charles in the traditional 'kissing hands' ceremony at Buckginham Palace.
In a sombre speech, he warned of 'difficult' decisions to deal with the 'profound economic crisis' facing the country, saying he 'understood' that Britons were suffering. Rebutting jibes that he is too wealthy to identify with the struggles of ordinary people, he said: 'I fully understand how hard things are.'
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WNU Editor: Liz Truss bids farewell to Downing Street (video below):
Rishi Sunak Officially Becomes UK Prime Minister
Rishi Sunak's first speech as UK prime minister in full -- BBC
Live: Sunak begins cabinet reshuffle after entering No 10 -- BBC
Rishi Sunak begins cabinet reshuffle with Jacob Rees-Mogg among ministers leaving government – UK politics live -- The Guardian
Rishi Sunak warns of difficult decisions ahead in first speech as PM -- BBC
New UK prime minister Rishi Sunak warns ‘difficult decisions to come’ -- The Guardian
Live: UK’s new PM Sunak vows to support Ukraine to war's 'conclusion' -- France 24
Sunak takes over as UK prime minister amid economic crisis -- AP
New PM Rishi Sunak pledges to fix Britain's many problems -- Reuters
Rishi Sunak vows to 'fix mistakes' in his first speech as UK prime minister -- France 24
Sunak pledges to fix Truss’ ‘mistakes’ after becoming third UK PM in seven weeks -- CNN
New UK Prime Minister Rishi Sunak acknowledges 'some mistakes were made' under Liz Truss -- FOX News
UK: Sunak takes over as PM, Liz Truss gives final speech -- DW
Rishi Sunak: A quick guide to the UK’s new prime minister -- BBC