The new Prime Minister will have a full in tray when he or she takes office in Downing Street for the first time. Of course, living through the biggest squeeze in living standards in more than 40 years is likely to result in a few things to add to their to-do list.

The cost of living crisis shows no sign of letting up – with energy costs projected to hit £4,000 per year and UK inflation having now reached double digits, all eyes will be on what the new PM will do.