UK's Rishi Sunak says tough decisions needed to fix economy

© Reuters. Britain’s Prime Minister Rishi Sunak walks outside Number 10 Downing Street in London, Britain October 26, 2022. REUTERS/Peter Nicholls

LONDON (Reuters) – New Prime Minister Rishi Sunak said on Friday that difficult decisions will have to be taken to get British government borrowing and debt on a sustainable path, adding that he was confident of fixing the economy.

“We face lots of challenges as a country, but I am confident that we can fix the economy,” Sunak told reporters.

“The Chancellor has already said of course difficult decisions are going to have to be made and I’m going to sit down and work through those with him … we need to do these things so that we can get our borrowing and debt back on a sustainable path.”