Cathy Jamieson MP, Labour’s Shadow Financial Secretary to the Treasury, responding to the IFS briefing note on living standards, said:

“This report confirms that working people are worse off since 2010. This is set to be the first time since the 1920s that people are worse off at the end of a Parliament than at the start.

“Labour’s better plan will deliver the rising productivity we need to get sustained rises in living standards for all.

“We need a recovery  that reaches kitchen tables across Britain, not one which has left working people worse off.”
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