Rishi Sunak to become Prime Minister on Tuesday morning | Forexlive

Here’s the timeline from Pippa Crerar (London times):

• 9am Liz Truss chairs final cabinet
• 10.15am Truss makes statement outside No 10 before seeing King at Palace
• Sunak travels to Palace to see King
• 11.35am Sunak makes statement in Downing Street

It’s truly a historic moment. The UK has its first Goldman Sachs Prime Minister.

Politics is a funny game. He outflanked Javid to get the Chancellor job by being much looser on fiscal policy; now he’s outflanked Truss by being tighter.