Liz Truss and Rishi Sunak face mounting pressure to explain how they will help households with the spiralling cost of living and the “financial timebomb” due to explode in the autumn.
Their economic response to the crisis has emerged as the main battleground in the bid to be the next prime minister, with Ms Truss under fire from Mr Sunak’s allies for suggesting there would be no “handouts” and subsequently playing down the comment.
