The prime minister had enjoyed a period of respite this week following an uptick in the polls for his party after infighting engulfed the Labour Party over the future of Diane Abbott MP and the academic Faiza Shaheen, who has not been selected to stand as an election candidate over a social media “like” in 2014.
But a damning new report published today has laid bare 15 years of languishing living standards under successive Conservative governments.
The study, by the influential Institute for Fiscal Studies (IFS), found average incomes grew by just 6 per cent from 2009-10 to 2022-23. Before the financial collapse in 2008, the UK would have expected income growth of 30 per cent in the same period.
The study also found that absolute poverty has fallen by just 3.4 per cent in the last 15 years, a fifth of the speed it fell under the last Labour government.
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