Launching his local election campaign, Keir Starmer said Labour would slash energy bills by up to £600 funded by windfall tax on profits of oil and gas companies
Britain faces the biggest drop in living standards since the 1950s as Chancellor Rishi Sunak’s Spring Statement failed to quell mounting alarm over the cost of living crisis.
Labour will unveil new analysis suggesting families will be £2,620 worse off – even after the Chancellor’s spring statement.
This combines estimates about the rise the tax burden, energy prices, petrol, food shopping and mortgage costs.
The Labour leader will urge Brits to “send the Tories a message they cannot ignore” and vote Labour, promising his party will be on their side.
Speaking in Bury alongside his deputy Angela Rayner on Thursday, Mr Starmer will say: “You know the reality – prices are going through the roof, and wages are going through the floor.
“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.
“Even allowing for everything the Chancellor announced, families are £2,620 worse off.
“Britain deserves better than this.”
Mr Starmer will vow to cut people’s energy bills by up to £600 – funded by a windfall tax on the profits of oil and gas companies.
He will also focus on getting tougher on crime, with a vow to stamp out anti-social behaviour.
Sources close to the Labour leader believe the public will choose their votes carefully in the local elections as they are concerned about the cost of living crisis.
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It comes as a new Ipsos survey found two thirds of Brits do not trust the Conservatives to reduce the cost of living crisis.
The public are more likely to trust the Labour Party to manage Britain’s taxes and public spending (41%) compared to the Tories with 26%, the poll found.
Since the “mini-Budget”, Rishi Sunak‘s approval ratings have taken a hit amid mounting concern over the decline in living standards.
The survey also found 42% of Brits believe Mr Sunak has changed Britain’s economy for the worse.
Local elections will take place across the UK on May 5, with 4,360 seats up for grabs on 146 councils across England.
In London alone, there are more than 1,800 seats – making it a key battleground.