Amid projections of higher inflation and a recession that could last more than a year, the Institute for Fiscal Studies has made one thing clear: whoever wins the Conservative leadership election will have to provide more support for households.
And, as Paul Johnson, director of the respected think-tank points out, that package may not be a small one. Energy prices are set to be far higher than we thought even a few months ago, as dual fuel bills approach £4,000 next year.
