Andy Burnham promised urgent action on the cost of living; the heat is now on chancellor John Healey to deliver it | Alfie Stirling

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NEWSDECK ANALYSIS

The UK is currently experiencing a significant affordability crisis, with household incomes not following their typical upward trend. In fact, the average family is expected to be worse off in 2029 than they were in 2019, marking a departure from the norm of rising incomes over a five-year period. This unprecedented decline in household incomes over a decade has raised concerns about the government's ability to address the cost of living.

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Guardian Business

Andy Burnham promised urgent action on the cost of living; the heat is now on chancellor John Healey to deliver it | Alfie Stirling

The PM and the new boss at the Treasury face an even trickier task than their predecessors. They need a good plan, and we have one Alfie Stirling is an economist and director of policy at the Joseph Rowntree Foundation As Keir Starmer found, it takes more than words alone to warm a tepid bath. Voters reserve the greatest punishment for the politicians they think acted too little, or too late, to prevent them gettin…