![](\"https:\/\/cdn.images.express.co.uk\/img\/dynamic\/139\/590x\/liz-truss-pm-1664934.jpg?r=1662382413827\")
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Ms Truss takes office at a moment of national crisis and will face immediate pressure to present her plan of action.<\/p>\n
The rate of inflation hit a 40-year high of 10.1 percent in July, as some analysts predict a peak of over 20 percent early next year.<\/p>\n
Energy bills – the driving force behind the cost-of-living crisis – will rise by 80 percent when the price cap is raised by the regulator in October, and are widely expected to surge beyond £6,000 a year for the average household come April.<\/p>\n
In early August, the Bank of England also forecasted the UK economy was headed for recession in the closing months of 2022, expected to last for the whole of the following year.<\/p>\n
The Conservatives don’t face a general election until 2024, but many have suggested that if Ms Truss hopes to secure her own mandate from the British people to govern through the dark days ahead, a snap election may be necessary.<\/p>\n
DON’T MISS: Another reason Ms Truss may be tempted to call an early election is the uncertainty surrounding her support within the House of Commons. <\/span><\/p>\n Despite securing almost 21,000 more votes than Mr Sunak among the wider Tory party membership, the former Chancellor came top of all five ballot rounds of Conservative MPs in July.<\/p>\n Ms Truss gained the backing of Nadine Dorries, Jacob Rees-Mogg, Sajid Javid and Penny Mordaunt throughout the summer, but high-profile Tory names such as Micheal Gove, Dominic Raab and Jeremy Hunt sided with her rival.<\/p>\n The latest polling from YouGov reveals the Conservatives are 15 points behind Labour on voting intention if a general election were to be held tomorrow, their largest deficit since 2013.<\/p>\n However, with Mr Johnson now out of the picture – for the time being – the new Prime Minister may carry with her the boost in support from the public needed to make an election gamble worthwhile.<\/p>\n
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