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.
