According to recent analyses, living standards for all UK families are projected to decline by 2030, with lower-income households experiencing a 6% drop in disposable income. This forecast suggests a potential failure of the Labour government to meet Prime Minister Keir Starmer's pledge to improve living standards, raising concerns about policy effectiveness and economic inequality.

Prem Sikka @premnsikka

Living standards for all UK families set to fall by 2030, those on the lowest incomes declining twice as fast as middle and high earners.

Poor clobbered.