A war of words broke out between Rishi Sunak and Liz Truss
(Picture: ES Composite)Britain’s new Prime Minister will have to find “many more billions” to support struggling households, economists warned on Friday, as soaring inflation threatens to plunge the country into its worst economic crisis in decades.
Paul Johnson, director of the respected Institute for Fiscal Studies think tank, issued the warning a day after the Bank of England forecast that Britain is set to slide into a 15-month recession with inflation climbing to 13 per cent later this year and unemployment also set to rise.
