<p class="ql-block">Good morning.</p><p class="ql-block">I have just been to Buckingham Palace and accepted His Majesty The King’s invitation to form a government in his name.</p><p class="ql-block">It is only right to explain why I am standing here as your new Prime Minister.</p><p class="ql-block">Right now, our country is facing a profound economic crisis.</p><p class="ql-block">The aftermath of Covid still lingers.</p><p class="ql-block">Putin’s war in Ukraine has destabilised energy markets and supply chains the world over.</p><p class="ql-block">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.</p><p class="ql-block">And I admired her restlessness to create change.</p><p class="ql-block">But some mistakes were made.</p><p class="ql-block">Not borne of ill will or bad intentions. Quite the opposite, in fact. But mistakes nonetheless.</p><p class="ql-block">And I have been elected as leader of my Party, and your Prime Minister, in part, to fix them.</p><p class="ql-block">And that work begins immediately.</p><p class="ql-block">I will place economic stability and confidence at the heart of this Government’s agenda.</p><p class="ql-block">This will mean difficult decisions to come.</p><p class="ql-block">But you saw me during Covid, doing everything I could, to protect people and businesses, with schemes like furlough.</p><p class="ql-block">There are always limits, more so now than ever, but I promise you this:</p><p class="ql-block">I will bring that same compassion to the challenges we face today.</p><p class="ql-block">The Government I lead will not leave the next generation, your children, and grandchildren, with a debt to settle that we were too weak to pay ourselves.</p><p class="ql-block">I will unite our country, not with words, but with action.</p><p class="ql-block">I will work day in and day out to deliver for you.</p><p class="ql-block">This Government will have integrity, professionalism, and accountability at every level.</p><p class="ql-block">Trust is earned. And I will earn yours.</p><p class="ql-block">I will always be grateful to Boris Johnson for his incredible achievements as Prime Minister, and I treasure his warmth and generosity of spirit.</p><p class="ql-block">And I know he would agree that the mandate my Party earned in 2019 is not the sole property of any one individual; it is a mandate that belongs to and unites all of us.</p><p class="ql-block">And the heart of that mandate is our manifesto.</p><p class="ql-block">I will deliver on its promise.</p><p class="ql-block">A stronger NHS.</p><p class="ql-block">Better schools.</p><p class="ql-block">Safer streets.</p><p class="ql-block">Control of our borders.</p><p class="ql-block">Protecting our environment.</p><p class="ql-block">Supporting our armed forces.</p><p class="ql-block">Levelling up and building an economy that embraces the opportunities of Brexit, where businesses invest, innovate, and create jobs.</p><p class="ql-block">I understand how difficult this moment is.</p><p class="ql-block">After the billions of pounds it cost us to combat Covid, after all the dislocation that caused in the midst of a terrible war that must be seen successfully to its conclusions, I fully appreciate how hard things are.</p><p class="ql-block">And I understand too that I have work to do to restore trust after all that has happened.</p><p class="ql-block">All I can say is that I am not daunted. I know the high office I have accepted and I hope to live up to its demands.</p><p class="ql-block">But when the opportunity to serve comes along, you cannot question the moment, only your willingness.</p><p class="ql-block">So I stand here before you ready to lead our country into the future.</p><p class="ql-block">To put your needs above politics.</p><p class="ql-block">To reach out and build a government that represents the very best traditions of my Party.</p><p class="ql-block">Together, we can achieve incredible things.</p><p class="ql-block">We will create a future worthy of the sacrifices so many have made and fill tomorrow, and every day thereafter with hope.</p><p class="ql-block">Thank you.</p>