The Office of Budget Responsibility (OBR) forecasts that growth in real household disposable income will fall to around 0.25% per annum, well below the average of the past decade.
Richard Fuller MP, Shadow Chief Secretary said:
Persistently high inflation and fears that things will get tougher for their children are top issues for the British public and the OCRs forecast is not a great look for a Chancellor and a government that told us that growth was their number one goal, so I took the opportunity to raise this with the Minister at Treasury Questions recently.
You can watch the question at https://youtu.be/gjYmwxEy5FI
