Rishi Sunak, the fifth Conservative prime minister in seven years, inherits many pressing challenges.
Rishi Sunak has become the UK's new prime minister, replacing Liz Truss. He inherits a number of challenges from his predecessor, as BBC correspondents explain.Rishi Sunak enters No 10 having made very few promises in his leadership campaign, but as chancellor he warned about the danger of rapidly rising prices.
Meanwhile, Mr Sunak had guaranteed that benefits, tax credits and pensions would rise in line with the recent inflation rate of 10.1%. But with a huge borrowing gap of £30-40bn, it is not clear whether that promise still holds. There is scepticism within the health service about the merits of these ideas, but they suggest he will take a tough line in terms of savings - perhaps not cutting the budget, but asking the service to do more with the same amount - and try to get on top of the backlog faster than has been timetabled for so far.
A government already struggling to balance its books is unlikely to want to pay public sector workers much more either. But the new prime minister will be desperate to avoid the current bout of industrial unrest gathering momentum. Ms Truss promised to increase defence spending from 2% to 3% of national wealth - measured by gross domestic product - by 2030. But Mr Sunak has said that target was "arbitrary" and "not a plan".
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