Sunak has also begun reshuffling his cabinet, as UK residents feel the pinch of what is a “profound economic crisis”.
Jeremy Hunt will stay on as chancellor, a position he acquired after Kwasi Kwarteng’s disastrous mini-budget.
Suella Braverman will once again be home secretary just days after sensationally resigning from this very role.
Dominc Raab is deputy PM and justice secretary, while Michael Gove is levelling up secretary.
Grant Shapps is the new business secretary, with Sunak’s former leadership rival Penny Mordaunt staying on as leader of the House of Commons.
Mistakes have been made
Speaking outside his new home, 10 Downing Street, Sunak paid tribute to his predecessor, Liz Truss, while also acknowledging mistakes have been made.
“Our country is facing a profound economic crisis. The aftermath of COVID still lingers. Putin’s war in Ukraine has destabilised energy markets and supply chains the world over,” Sunak said.
“I will place economic stability and confidence at the heart of this government’s agenda. This will mean difficult decisions to come.
“I want to pay tribute to my predecessor Liz Truss. She was not wrong to want to improve growth in this country. It is a noble aim. And I admired her restlessness to create change.
“But some mistakes were made — 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.”
William is an Executive News Producer at TICKER NEWS, responsible for the production and direction of news bulletins. William is also the presenter of the hourly Weather + Climate segment.
With qualifications in Journalism and Law (LLB), William previously worked at the Australian Broadcasting Corporation (ABC) before moving to TICKER NEWS. He was also an intern at the Seven Network's 'Sunrise'.
A creative-minded individual, William has a passion for broadcast journalism and reporting on global politics and international affairs.
NASA’s Artemis II rocket is ready for its first crewed Moon mission in over 50 years, featuring Argentina’s ATENEA microsatellite.
NASA’s Artemis II rocket has arrived at Kennedy Space Center, marking the first crewed Moon mission in more than five decades.
The mission will carry a crew of four astronauts on a ten-day journey around the Moon, with a wet dress rehearsal scheduled for February 2 to test all systems.
In a historic moment for Latin America, Argentina’s ATENEA microsatellite will join the Artemis II mission as secondary cargo. Developed through a collaboration of Argentine institutions, ATENEA will collect crucial data on radiation and communications systems in space, making Argentina the only Latin American country contributing to this milestone mission.
The Artemis II mission will also validate life support and spacecraft systems ahead of Artemis III, NASA’s planned crewed lunar landing in 2027. With the SLS rocket and Orion spacecraft now on Launch Pad 39B, excitement is building for this next giant leap in space exploration.
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Iran warns of severe retaliation against U.S. strikes, amid escalating tensions and internal unrest.
Iran has issued a stark warning of a severe response to any U.S. military strike, with leaders stressing that military action would be treated as an act of war.
President Masoud Pezeshkian cautioned that attacks on strategic sites or leadership figures could trigger retaliation against U.S. and allied forces in the region — including potential targets in Israel and American bases. These warnings come as tensions between Tehran and Washington escalate amid sustained unrest across Iran.
The backdrop for this diplomatic brinkmanship is a bitter standoff between Tehran and the U.S., with U.S. President Donald Trump publicly debating options for intervention and criticising Iran’s leadership.
Tehran, for its part, has blamed external forces for stoking internal dissent and insists it will fiercely defend its sovereignty.
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Major EU nations criticize Trump’s Greenland tariffs as “blackmail,” risking trade agreements and raising tensions across the Atlantic.
Major EU nations are pushing back against President Trump’s tariff threats over Greenland, calling them “blackmail” and raising tensions across the Atlantic. Germany and France are reportedly considering economic countermeasures to respond to the U.S. stance.
Trade agreements with the UK and the EU could be at risk, as these threats put key negotiations in jeopardy. The European Parliament is also expected to pause discussions on the EU-U.S. trade deal, signaling a growing rift.
Meanwhile, British officials insist their position on Greenland is non-negotiable, adding complexity to an already tense situation.
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