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British lawmaker Kemi Badenoch on Tuesday was re-appointed as trade minister and also given the role of equalities minister, Prime Minister Rishi Sunak’s office said in a statement.

Badenoch, who earlier this year was a contender in a Conservative Party leadership contest to replace then Prime Minister Boris Johnson, backed Sunak in the most recent race to replace outgoing leader, Liz Truss.

Meanwhile, Britain’s new Prime Minister, Rishi Sunak, on Tuesday pledged to “fix the mistakes” made by the Truss government and restore the country’s economic stability.

He, however, warned that there would be “difficult decisions to come.” He added that “right now, our country is facing a profound economic crisis.”

Sunak, in his first address to the nation outside 10 Downing Street, said he officially became the prime minister moments ago after King Charles III met him at Buckingham Palace and invited him to form a government.

Sunak said Liz Truss was not wrong to want to improve growth, which was a “noble aim,” but “mistakes were made.”

Truss’s attempt of using debt-funded tax cuts to spur economic growth plunged the British pound to a 37-year low against the U.S. dollar, while pushing up the cost of government borrowing and mortgage rates.

According to Sunak, he was elected the prime minister to “fix” those mistakes.
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