The new Prime Minister delivers her first speech at Downing Street

With the formalities over, the work to fulfil these ambitions begins.

The transfer of power is complete – in Royal Deeside today Liz Truss was asked by the Queen to form a government.

The new Prime Minister returned to Downing Street to deliver her first speech – in between bursts of torrential rain – which seemed fitting given the economic storm the country is facing.

Our political correspondent Ewan Petrie looks back on a day of farewells and formalities.

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