More than a million people to be pushed into poverty, says think tank
It comes as the government's own forecasters, the Office for Budget Responsibility, said UK households faced the biggest drop in living standards since records began in the 1950s.According to the Resolution Foundation's analysis, the total number of those unable to afford basic necessities will hit 12.5 million people.
Labour's shadow chancellor Rachel Reeves said Mr Sunak had failed to understand the scale of the cost of living crisis. "It's absolutely right we support people on the lowest incomes. I'm confident that the policies we put in place are doing that," he told Today.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Boris Johnson Says He Believes 'Callous' P&O Ferries Broke Law By Sacking 800 WorkersNEW: Boris Johnson Says He Believes 'Callous' P&O Ferries Broke Law When Sacking 800 Workers
Read more »
Ex-Ukraine president Poroshenko asks Boris Johnson not to compare war to BrexitLatest critic of PM’s comments highlights children killed in Ukraine
Read more »