Within an hour of his meeting with King Charles II, the new UK Prime Minister Rishi Sunak fulfilled his vow that “work will begin immediately.” According to sources, he has requested the resignation of several of Liz Truss’s cabinet ministers to reveal his new government.

Four ministers have already been requested to resign thus far. According to insiders, these include Development Minister Vicky Ford, Work, and Pensions Secretary Chloe Smith, Justice Secretary Brandon Lewis, and Business Secretary Jacob Rees-Mogg. According to reports, Jeremy Hunt, who took Kwasi Kwarteng’s place as finance minister, will remain in that position.

In his first speech as prime minister, Mr. Sunak pledged to put “economic stability and competence” at the forefront of his government’s agenda. He described his election as a measure to address the “mistakes” of his predecessors, saying “Trust is earned and I will earn yours.”

Liz Truss, who served as Mr. Sunak’s predecessor, resigned last week after her mini-budget, which included a sizable portion of unfunded tax cuts, alarmed the markets. The economic turmoil was unaffected by Jeremy Hunt’s U-turn, who she appointed after firing Kwasi Kwarteng.

On concerns about rising debt, bond rates soared and the pound fell to a record low against the dollar. Although Mr. Sunak’s takeover had somewhat stabilized the situation, Mr. Hunt had spoken of “tough decisions” in the coming days.

The sentiment was shared by Mr. Sunak in his speech today. But he said that “compassion” would be used to temper it.

“During Covid, you witnessed me doing everything in my power to safeguard individuals and organizations by implementing plans like furlough. There are limitations, and they are more apparent than ever. But I swear to you that I’ll apply the same compassion to the difficulties we confront right now “said he.

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