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Good morning. Keir Starmer is putting the cost of living right at the centre of Labour’s campaign for the local elections, which he is launching today, with a claim that, as the party puts it in its press release, “the Tories are leaving families £2,620 worse off [this year]– even after the spring statement”.
It is an alarming figure, and it is worth explaining how Labour has calculated it. The party has taken five factors into account.
What did we get in that mini-budget?
A Conservative government that takes far more than it gives to working people. The biggest drop in living standards since the 50s. Taxes the highest in 70 years.