Britain's new prime minister, Rishi Sunak, warned Tuesday

Britain's new Prime Minister Rishi Sunak warns nation over 'profound economic crisis'

He talked about 'profound economic crisis'

Sunak was speaking to the media outside his office 

He is officially taking over as Britain's leader from Liz Truss 

Sunak vowed to "fix" errors he said were made by Truss 

"Some mistakes were made," Sunak said. "Not born of ill will or bad intentions 

Sunak's speech lasted just under six minutes 

Financial markets responded positively to Sunak's first full day in office. 

Who is Rishi Sunak

British prime minister, first of South Asian descent and first practicing Hindu.