"Things are worse than we ever imagined," the Prime Minister said, stressing that the Office for Budget Responsibility had been unaware of a £22 billion hole in the public finances, "because the last government hid it".
The PM delivered a speech from a lectern with the words "Fixing the foundations", likening his task in clearing out "14 years of rot" under the Conservatives to the way that communities rallied round to clean up the mess left by far-Right rioters in a spasm of unrest this month.
He said it was "disgraceful" that the Conservatives had left so few spaces in the prison system, adding he felt "shocked" to have to pore over lists of spare capacity to detain convicted rioters after Rishi Sunak's government declined to build more jails.
He was speaking to the press and about 50 invited members of the public, including emergency workers, apprentices and small business owners, in the rose garden of No 10.
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Why are England wasting time waiting for Tuchel?
Winning the World Cup is the aim, so the new boss should start now
He's been shot, and punched by Mike Tyson, but British boxing's great survivor is back on top and aiming to rule the world
This is where the magic happens,\" reads a big neon sign scrawled across the entrance to the offices of arguably the most powerful man in British boxing today.
How Sketch went from 'obscene' to era-defining
After arocky start, the glamorous and infamous restaurant is now an institution
Money is worth less than time'
He's quit Fendi, but what will Kim Jones do next?
London's Roman Amphitheatre
Guildhall Yard, EC2V
Liberals didn't notice they'd lost relevance in the all-consuming digital sphere
There are many reasons why Donald Trump might have won the election last week.
Do we have to die?
One neuroscientist thinks the answer is no
How to have a magical Christmas in Edinburgh
From cosy cobblestone streets to abundant Yuletide goings-on, few cities rival the Scottish capital in creating Christmas whimsy.
London's best festive restaurants
The social season is upon us once more. These are the city’s most coveted Christmas venues, which need to be booked soon so as to not miss out on the tinsel and tipples.
Rag'n'Bone Man
I struggle with being recognised... I'll never really feel comfortable with it'