The crisis in Georgia and the UK housing market are set to dominate David Cameron's summer press briefing.
David Cameron has attacked the government for "completely reckless" briefing that stamp duty could be axed temporarily to boost house sales.
In a return to the political frontline, following a Cornish holiday, the Tory leader will be keen to capitalise on speculation over Gordon Brown's future.
"Far from freeing up the housing market, they have actually frozen it," the Conservative leader told reporters.
It comes as ex-minister Nick Raynsford accused Labour of being in a "deep hole" and warned that attempts to "buy" support would only invite contempt.
He said he would be in talks with the National Association of Estate Agents - a body he claimed the government had refused to meet three times.
The PM, who is on holiday, is expected to launch a fightback in September.
It comes after Alistair Darling refused to rule out changes to stamp duty.
Mr Cameron, who is due to continue his break with a foreign holiday next week, has already weighed into the Georgian crisis, by accusing Russia of being "a massive and dangerous bully".
Mr Cameron, who has returned to the political frontline, following a Cornish holiday, is set to meet with housing trusts, academics and house builders to discuss the property market.
Labour infighting
'Deep hole'
Later, he is set to join colleague Philip Hammond, the shadow chief secretary to the Treasury, to discuss the housing market in a meeting with the National Association of Estate Agents.
This would include looking at the mortgage market, repossessions and the housing supply, he said.
Mr Hammond has accused ministers of playing "short term games" with the property market, after Chancellor Alistair Darling refused to rule out changes to stamp duty.
"We won't be announcing any conclusions today. We won't be briefing out thoughts today. It is to engage with the experts," he added.
Estate agents say the uncertainty could cause people to delay buying houses.
Estate agents have already warned that the uncertainty could cause people to delay buying houses.
Shadow ministers have also used the summer holidays - a notoriously quiet time for news - to launch a series of initiatives on key issues, such as social breakdown and education.
The monthly briefing comes as ex-local government minister Nick Raynsford accused Labour of being in a "deep hole" and warned that attempts to "buy" support would only invite contempt.
But these have been overshadowed by reports of Labour infighting.
Writing on newstatesman.com, Mr Raynsford accused the government of a "frantic search" for vote-winning ideas.
Leadership speculation
He failed to mention Gordon Brown, but praised the call by Foreign Secretary David Miliband to "start winning the argument over our record".
Writing on newstatesman.com, Mr Raynsford, a former local government minister, accused the government of a "frantic search" for vote-winning ideas.
He failed to mention Mr Brown, but praised the call by Foreign Secretary David Miliband to "start winning the argument over our record".
Mr Miliband fuelled speculation over the Labour leadership when he penned an article two weeks ago calling on colleagues to have the confidence to make their case afresh - but without making a reference to the prime minister once.
Mr Miliband fuelled speculation over the Labour leadership when he penned an article two weeks ago calling on colleagues to have the confidence to make their case afresh - but without making a reference to the prime minister once.
At his press conference, Mr Cameron may also face questions about his own party, following press reports he has tabled a session at next month's annual conference to discuss preparations for government.
The prime minister, who is on holiday, is expected to launch a fightback in September.
Opponents have dubbed the move "arrogant".
Labour MP Eric Joyce told The Daily Mirror: "We could be 18 months away from a general election but Mr Cameron is already measuring up the curtains in Downing Street."
Lib Dem campaigns chief Ed Davey said Mr Cameron was allowing his party's large opinion poll leads go to his head.
"Counting his chickens before they have hatched smacks of complacency and arrogance," he added.
