Study: UK Living Standards to Fall Sharply by 2030

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The Spin


Narrative A

The government can't tax and spend its way to higher living standards in today's economic climate. Three interest rate cuts, record increases in the National Living Wage, and protection of working people's payslips from high taxes demonstrate concrete action to address the cost-of-living crisis.


Narrative B

Cutting disability benefits and public spending is counterproductive and morally wrong. Instead, the government should raise revenue by increasing taxes on wealth and investments while creating a stronger social settlement that provides greater financial resilience for families.


Metaculus Prediction


Public Figures


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