Households will still feel the squeeze even if Budget boosts growth Economics Poorer households will not see their living standards recover to pre-2022 levels for another two years despite an anticipated acceleration in economic growth, new forecasts suggest. The forecasts highlight the challenges in ensuring households across the country feel the benefit of any growth that the Labour government is able to stimulate. The National Institute for [...]
Starmer pledges to deliver ‘higher living standards’ in milestones speech Politics Sir Keir Starmer has pledged to deliver “higher living standards” across the UK by the end of this parliament – but did not put a figure on his target. The Prime Minister aimed to flesh out his pre-election promise to kickstart economic growth, as he set out a set of new “milestones” in a major [...]
Households face ‘bleak’ outlook unless Starmer kickstarts growth Economics The improvement in living standards will also be heavily weighted towards the start of the parliament.