Tories Face Economic Woes as Inflation Soars and Debt Hits 60-Year High

The Conservative Party is facing economic woes as inflation remains high and public sector debt has reached more than 100% of GDP for the first time in 60 years.

The chancellor, Rishi Sunak, had promised to halve inflation this year, but this has failed to materialize.

The prime minister, Boris Johnson, is facing criticism for his handling of the economy and is expected to face questions about it at Prime Minister's Questions.

The chancellor, Jeremy Hunt, is backing the Bank of England's efforts to reduce inflation, but this could lead to a slow burn crisis for millions of homeowners and renters.

There is expected to be a battle within the Conservative Party over tax cuts as the election approaches.