All UK families ‘to be worse off by 2030’ as poor bear the brunt, new data warns
GuardianMAR 12
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.