'Painful' budget to come in October - as PM tells public he will make 'big asks' of them
Can the PM guarantee prisoners given early release won't harm anyone?
The PM is asked next about prisons and whether early release schemes carry with them an undeniable risk for the public.
He says a framework has been put in place to ensure those who "create the greatest risk" are not released.
But he adds that the idea of releasing people who should be in prison because there are no spaces for them "goes against everything I've worked for for years".
He blames the current situation on the last government, who he says did not build enough prisons.
"I can't tell you how shocked I was when I discovered the full extent of what they've done with our prisons, and it's going to take time to fix it. I can't build a prison by Saturday."
How can Labour voters trust PM after winter fuel payments decision?
Sky News' Beth Rigby has asked the prime minster how he can build trust with pensioners who voted for Labour after he cut their winter fuel allowance.
This, Beth points out, wasn't in the Labour manifesto, so how can the PM promise not to raise other taxes?
Sir Keir reiterates again that "in relation to working people, income tax, VAT and national insurance, we will not increase tax".
He says the "number one mission" of the government is to grow the economy, and says fixing the transport system and the NHS will both help this.
He also says that the new National Wealth Fund, Great British Energy and "unlocking planning" will allow the country to focus on improving the economy.
What tax rises are PM and chancellor considering?
Given the grim tone of much of the PM's speech, he is asked by the BBC whether he's been honest with the public about the potential for tax rises when the budget comes round in October.
He says he was clear during the election that income tax, national insurance and VAT "would not go up".
"That remains the position," he says.
He says that Labour's plans "were fully funded and fully costed" but that he did not expect the Conservatives leaving a black hole in public finances.
On the cuts to winter fuel payments, he says he "didn't want to have to deal with" the issue, "but we have to fix the NHS, we have to fix our homes, our schools, and pensioners rely on them in the same way as everybody else does".
'Unpopular decisions' and 'painful' October budget on the horizon, says PM
The PM says that things will get worse before they get better and that "unpopular decisions" must be made.
Among those is the decision to scrap the winter fuel payment for some pensioners, which he says is "necessary to repair the public finances".
He also says the October budget "will be painful" but that the country will have to accept "short-term pain for long-term good".
He acknowledges he'll be making "big asks" of the public.
The chancellor will deliver the budget on 30 October.
Starmer: 'Things are worse than we ever imagined'
Sir Keir Starmer goes on to say that when there is a "deep rot" at the heart of a structure, you must tackle it at root.
He says "things are worse than we ever imagined" after discovering a £22 billion "black hole" in the public finances.
The PM next address the "shocking scenes" that saw riots break out across the UK during August.
He says the "mindless minority of thugs" thought they could get away with "causing chaos, smashing up communities, and terrifying minorities".
Now, Sir Keir says, "they're learning that crime has consequences".
But he says the ugly scenes were a sign of "how far things have fallen" over the past 14 years.
PM touts early record - but says change 'won't happen overnight'
The prime minister starts by addressing the people he met on the election campaign, many of whom he has invited into the Downing Street garden for his speech.
"I promised that this government would serve people like you," he says.
"Apprentices, teachers, nurses, small business owners, firefighters, those serving our community and our country every day."
He says his Labour government has done more in seven weeks "than the last government did in seven years" - pointing to things like negotiating with junior doctor and train driver unions to end strikes.
But Sir Keir Starmer says serious change "won't happen overnight".
-SKY NEWS