The leader of Great Yarmouth's new Labour administration says he has inherited a �10m budget black hole from the outgoing Tories, and much work is needed to overhaul the authority.

Trevor Wainwright's claim was made as the ruling group unveiled its six-strong cabinet at last night's full council meeting - the first since this month's elections.

He stressed his party has already rescinded the proposed management merger with Breckland and South Holland, and will work to reverse Tory moves to scrap the seafront residents permit parking scheme - although it had been running at a �90,000 per year loss.

And he said he is prepared for the challenge ahead.

'It's a great honour that I've got the opportunity to lead this council after 12 years in opposition,' said Mr Wainwright.

His cabinet is completed by Brian Walker, deputy leader and portfolio holder for resources, Penny Linden, communities, Val Pettit, environment, Michael Jeal, tourism and business services, and Bernard Williamson, transformation and regeneration.

Opposition councillor Barry Coleman criticised the ruling group for handing too much power to the cabinet, but Mr Wainwright stated all Labour decisions were taken as a group.