We know we cannot tackle the cost of living crisis alone and believe that it is only through working together that we will solve this current challenge.
The Prime Minister must pursue fiscal loosening and monetary tightening now or inflation risks undoing her wider reforms agenda before she even starts.
Even with growth, shrinking state spending as a share of GDP will require serious reforms and cuts to government programmes.
Policy Exchange proposes a Tiered Energy Relief Scheme: restructuring household energy bills for a six-month period, saving the average household up to £936, at a nationwide cost ceiling of £26.6 billion.
Leadership frontrunner says she understands impact of “eyewatering” energy bills on people and businesses.
“It’s responsible not to rule it out,” former Chancellor insists.
Leadership hopeful will provide direct financial support to everyone to help with energy bills, with extra for poorest and elderly, if he becomes PM
Rent freezes, tax relief on mortgage interest payments, and targeted aid to pensioners all need to be on the table.
People need a sense of hope and optimism about their prospects. And one of the best ways for the new Prime Minister to deliver that credibly is indeed to show how they will grow the innovations which will make life better.
Years of government intervention have shifted public expectations in a dangerous direction for any centre-right programme.
Voters’ assessments of their ability to pay their bills make grim reading. Ministers will need to tread very carefully in the months ahead.
My guess is that she is too smart to allow the worst case scenario to happen. To do that, however, she is going to have to move swiftly from focusing on winning the confidence of Conservative MPs and party members to winning the confidence of the markets.
The contrast between those blithe campaigns and this appalling landscape is unnerving, and raises profound questions about politicians and truth.
When the final two candidates emerge, they have serious repair work to do. They must ensure they’re speaking to the public about cost-of-living issues.
We cannot afford a lost summer of masterly inactivity when the challenge of the cost of living crisis is so urgent.