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Country was in double-digit inflation at the beginning — British PM (8)

Ross

I believe the answer is:

disraeli

I'm a little stuck... Click here to teach me more about this clue!

'pm' is the definition.
(I've seen this before)

'country was in double-digit inflation at the beginning british' is the wordplay.
I cannot really understand how this works, but
'country' could be 'israel' (Israel is an example) and 'israel' is found in the answer.
'digit' could be 'i' (I is an example) and 'i' is found in the answer.
A single letter 'd' remains which might be clued in a way I don't see.
This may be the basis of clue (or it may be nonsense).

Can you help me to learn more?

(Other definitions for disraeli that I've seen before include "Ideal, sir for old English prime minister" , "This British prime minister was an ideal sir" , "Benjamin -, nineteenth century prime minister" , "Benjamin ........ 19th century English P.M." , "English PM and novelist" .)

I've seen this clue in The Hindu.
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