Questions also remain over whether Mr Sunak will go ahead with the economic statement due to be delivered by Jeremy Hunt on 31 October amid the market turmoil caused by Ms Truss’s tax-slashing mini-budget.
One Treasury source told Sky News’ political editor Beth Rigby it was “very possible” it will be delayed.
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Foreign Secretary James Cleverly told Sky News this morning he had not had “specific confirmation of dates”, but added: “We know it needs to come soon.”
Mr Sunak has held calls with several world leaders after being appointed PM yesterday, including US President Joe Biden and Ukraine’s Volodymyr Zelenskyy.
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The White House said Mr Biden – who had mispronounced Mr Sunak’s name during a Diwali celebration on Monday – congratulated him on his appointment.
Both leaders “reaffirmed the special relationship” between the UK and US – and “agreed on the importance of working together to support Ukraine and hold Russia accountable for its aggression”.
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Biden gets Sunak’s name wrong
And during a conversation with Mr Zelenskyy, the Ukrainian president was assured that British support for the wartorn country would be “as strong as ever” under his premiership.
In a stark contrast with his predecessor, Mr Sunak also made time to speak with Scotland’s First Minister Nicola Sturgeon, and Welsh First Minister Mark Drakeford.
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7:39
Reshuffle: How the day unfolded
A new-look cabinet
The new PM – the third this year – will hold a meeting of his new-look cabinet this morning after a raft of senior appointments yesterday afternoon.
Mr Sunak’s top team of ministers consists of allies, former Truss backers and a number of figures from the right wing of the Conservative Party.
There’s been an element of continuity with the previous administration, with Mr Cleverly kept on as foreign secretary and Ben Wallace as defence secretary.
The PM has also revived the careers of experienced frontbenchers including Dominic Raab and Michael Gove, who were sacked by Boris Johnson in the dying days of his government.
But it is Mr Sunak’s decision to reappoint Ms Braverman as home secretary – days after she dramatically quit the government for breaching the ministerial code – that has been the most controversial.
Labour have accused Mr Sunak of “putting party before country” – with shadow home secretary Yvette Cooper warning: “Our national security and public safety are too important for this kind of chaos.”
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2:50
How ‘profound’ are our economic woes?
Rishi Sunak’s in-tray
Over the coming days, Mr Sunak will begin the gruelling task of uniting the Conservatives and attempting to restore the UK’s economic credibility.
The pound hit a six-week high on Tuesday in a sign that the markets approve of the country’s new leader.
Jeremy Hunt, who is staying on as chancellor after being parachuted into the role by Ms Truss following the mini-budget, is currently due to give a fiscal statement on 31 October.
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‘Tories out’: Sunak heckled outside No 10
But according to The Times, Mr Sunak – himself a former chancellor – is considering postponing this statement so he has more time to “get under the bonnet” of the Treasury’s plans.
Mr Cleverly could not confirm a date when interviewed on Sky News, but said: “We know it needs to come soon. We know people want certainty.
“We know people want a clear idea of the government’s plans [but] whether it happens exactly on that day, I’m not able to confirm.”
The government is currently grappling with how best to plug a £40bn black hole in the country’s finances, amid reports both men will discuss proposals to increase taxes while squeezing public spending.
A Number 10 source has told Sky News that no decisions have been taken when it comes to pushing back the fiscal statement.
More than 6,000 prisoners have been released in Myanmar as part of an amnesty to mark the 77th anniversary of the country’s independence from Britain.
The head of Myanmar’s military government has granted amnesties for 5,864 prisoners from the Southeast Asian country, as well as 180 foreigners who will now be deported, state-run media said.
The freed inmates included just a small proportion of hundreds of political detainees locked up for opposing army rule since the military seized power from the elected government of Aung San Suu Kyi.
Myanmar’s military takeover in February 2021 was met with a huge nonviolent resistance, which has since developed into a widespread armed struggle.
The freeing of prisoners began on Saturday and in Yangon, Myanmar’s largest city, buses took detainees out of the Insein Prison. Many were met by loved ones who eagerly held up signs with their names.
If the freed inmates break the law again, they will have to serve the remainder of their sentences alongside any new ones, the terms of release state.
In another report, MRTV television said government leader Senior General Min Aung Hlaing has also reduced the life sentences of 144 prisoners to 15 years.
All other inmates’ sentences have been reduced by one sixth, apart from those convicted under the Explosive Substances Act, the Unlawful Associations Act, the Arms Act and the Counterterrorism Law – all laws which are often used against opponents of military rule.
According to rights organisation the Assistance Association for Political Prisoners, 28,096 people have been arrested on political charges since the army takeover, and 21,499 of those remained in jail as of Friday.
Zaw Min Tun, a spokesperson for the military government, told journalists those released include about 600 people prosecuted under a law which makes it a crime to spread comments that create public unrest or fear, or spread false news.
There has been no suggestion the releases include that of Myanmar’s former leader Suu Kyi, who – now aged 79 – is serving a 27-year sentence after being prosecuted for a number of politically-tinged charges.
Most of the foreigners being freed are Thai people arrested for gambling in a border town, the spokesperson added.
It is not uncommon for Myanmar to mark holidays and significant occasions with prisoner releases.
The country became a British colony in the late 1800s and regained independence on 4 January 1948.
Drive an hour outside China’s commercial capital Shanghai, and you’ll reach Elon Musk’s Tesla gigafactory.
It manufactures almost one million Tesla cars a year and produces more than half of all its cars worldwide.
But with US president-elect Donald Trump preparing to move into the White House, the relationship between his new buddy Elon Musk and the leadership of China‘s Communist Party is in sharp focus.
Shanghai has been the key to Tesla’s success, largely thanks to the city’s former Communist Party secretary, now China’s premier, Li Qiang.
Chief executive of Shanghai-based Auto Mobility Limited, Bill Russo, says: “Qiang is China’s number two person. His position in Shanghai made everything possible for Tesla.”
He added: “In 2017, China adjusted its policy guidelines for the automotive industry to allow foreign companies to own their factories in China.
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2:34
Musk, Trump and China explained
“Tesla signed its deal in 2018, broke ground in 2019, and started producing the Model 3 in 2020.”
The factory opened at breakneck speak and in record time.
In April, Musk met Qiang in Beijing, later posting on X: “Honoured to meet with Premier Li Qiang. We have known each other now for many years, since early Shanghai days.”
The Musk-China ties go all the way to the top.
When China’s President Xi Jinping visited the US in November 2023 he met Musk, who posted: “May there be prosperity for all” – echoing the language often used by China’s government.
Musk has previously weighed into the debate over the status of Taiwan. Two years ago, he suggested tensions could be eased by giving China some control over Taiwan.
This comment incensed Taiwan’s leaders.
Chinese commentator Einar Tangen, from the Taihe Institute in Beijing, says: “If Musk had said anything else, he could face action against the Shanghai plants. He’s not going to endanger that. He’s playing both sides for his own advantage.”
What’s in it for China?
Musk needs China, and in the months to come, China may need Musk.
He could act as a well-connected middleman between the Chinese Communist Party and Trump, in the face of a potential global trade war.
“Like it or not, we are living in a world where China is the dominant player in the race to an electric future,” says Russo.
Musk pioneered the EV industry in China, but is now struggling to compete with local car brands like BYD and Nio.
“Donald Trump has never had a problem giving exceptions to friends,” Tangen says.
“It fits his personality, that he can grant pardons and give favours to the people and companies he chooses.”
Musk ‘the pioneer’
Musk is well regarded as a pioneer in China and most people speak of him highly.
Strolling along the Bund waterfront area in Shanghai, Benton Tang says: “Tesla really impacted the entire industry here.
“It pushed people to develop and improve the quality, the design and especially the price.”
Interest in the Musk family has also gripped China’s online community.
His mother, Maye Musk, frequently visits the country, where she has a huge social media following as a senior-age celebrity fashion icon and endorses several Chinese products including a mattress brand.
Her book, A Woman Makes A Plan, has been translated into Chinese and is a bestseller here.
Meanwhile, as the countdown to Trump’s inauguration gains pace, the spotlight on the president-elect’s coterie of advisers intensifies.
Did the authorities fail the victims of the New Orleans terror attack? It’s barely in question, surely.
And yet, consider the response of Superintendent Anne Kirkpatrick of New Orleans police when I asked if she’d let them down by not having an appropriate security plan.
“That’s not correct, we would disagree with that.”
“It has to be a security failure?” I suggested.
“We do know that people have lost their lives,” she responded. “But if you were experienced with terrorism, you would not be asking that question.”
With that, she was escorted away from gathered journalists by her media handlers.
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3:11
How much of a threat does ISIS pose?
Superintendent Kirkpatrick had been holding a short news conference at the end of Bourbon Street to herald its re-opening. It was just yards from the spot where a terrorist was able to drive through a gap in a makeshift line of obstructions and accelerate towards New Year crowds.
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Invoking “experience with terrorism” is something to ponder. What experience told authorities they had adequate protection against a vehicle attack?
What experience told them it was appropriate to have a car’s width gap in makeshift street barricades?
What experience told them to contradict the security protocols of major cities around the world when it comes to large public gatherings?
To many, the answer shouldn’t be talk of experience – it should be, simply: “Sorry.” Notably, it has seemed to be the hardest word in a series of briefings by authorities who have bristled at the notion of security failings.
I asked Jack Bech for his view. He lost his brother Martin, or ‘Tiger’ in the Bourbon Street attack. He told Sky News he watched the final moments of his brother’s life on a FaceTime call to an emergency room as doctors tried, but failed, to save him.
It’s one heartbreaking story among dozens in this city.
On security, he said: “You can’t blame them. That dude easily could have been walking through the crowd with a jacket on and a bomb strapped to his chest.”
True. But the least that might be expected is an acknowledgement of failure to stop the man who drove his weapon into the crowd because he was able to. They certainly can’t claim success.
A measure of contrition would, perhaps, help the healing in this city. Experience should tell them that, if nothing else.