• 19. The Living Standards Election?

  • Jan 29 2024
  • Length: 37 mins
  • Podcast

19. The Living Standards Election?

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  • Summary

  • Guests • Torsten Bell, Resolution Foundation • Clare Moriarty, Citizens Advice We discuss how the squeeze on living standards might influence the general election. Guests consider where people are feeling the squeeze, how that has changed over time, and how likely it is to influence the way they vote in the upcoming general election. Mubin asks Claire and Torsten what can be done to improve living standards and they talk about how we could all aim to be a bit more Dutch. Questions include: And what’s driving the stagnation in real incomes? Who’s particularly affected? High inflation has been a key factor in the cost of living crisis, but that’s been tumbling. However, interest rates have been rising. Is the crisis over now? What’s the picture like in countries similar to the UK? Have they been facing the same squeeze on living standards? What measures have the government [and others] brought in to help people weather this period? Will this be the Living Standards election? How concerned are voters by this issue? Where are our political parties promising in relation to living standards? What’s your take on what we’ve been offered. Is it enough? Do we have the money to pay for this? Given the state of the public finances – high debt repayments; tax levels high, but not as high as Europe; existing spending commitments like the NHS workforce plan
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