Cost of Living: Low Incomes
Commons · Question 39840 · Tabled 20 Mar 2025 · Treasury · Official record
Answered 28 Mar 2025
Question
Asked by Mary Glindon
To ask the Chancellor of the Exchequer, what steps she is taking to support (a) low and (b) middle-income households with the cost of living.
Answer
Answered by James Murray, 28 Mar 2025
Living standards, as measured by Real Household Disposable Income per capita, are expected to increase by an annual average of 0.5% over this parliament (Q3 2024 - Q2 2029). This is in stark contrast to the previous parliament which was the worst for livi...