Households will be £1,600 worse off when cost of living crisis bites in April, says Labour
HOUSEHOLDS face being £1,600 worse off when the cost of living crisis bites in April, Labour claims.
An energy price cap rise, higher council taxes, National Insurance hike and income tax threshold freeze are eye-watering.
Families in Red Wall seats such as Bury North will be at least £1,242 worse off a year, a study by Labour says.
In Don Valley, Yorks, they will be £1,160 poorer. London’s Kensington is worst with bills up £1,575.
Labour says the true costs will be even steeper as mortgages rise and inflation hits food.
The Shadow Chancellor Rachel Reeves has accused ministers of being “asleep at the wheel”.
Boris Johnson is under pressure to scrap or delay the NI rise.
Labour this week seeks a North Sea oil windfall tax and Lib Dems a No10 cost of living summit.