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Fact checks related to the cost of living in the UK
Labour’s claim about the impact of Conservative spending plans is speculative and based on several uncertain assumptions.
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We’ve crunched the numbers on the Labour party’s calculations about the cost of living pressures faced by “typical families” since 2019.
Reports of the Conservatives’ proposed pension policy include different estimates of its impact.
Although the basic pay of first-year doctors in England did rise by that much last year, most junior doctors had a pay uplift of less than 10%.
Disposable household income has increased in real terms under the Conservative party, but it’s also true that real income growth has been weaker than levels seen under the last Labour government.
Earlier this week both the Prime Minister and the chancellor compared the impact of reducing inflation to implementing a tax cut.
Contrasting claims about wage growth have been made on social media following the release of new data.
It’s not necessarily the case that lower inflation means things cost less than before. Kantar’s data shows prices are still rising, but less steeply than previously.
Kim Johnson MP tweeted that the number of children in poverty has increased from 2.6 million to 4.2 million since 2010.
A figure quoted by the Deputy PM actually refers to the difference between what a minimum wage earner pays now, and what they’d be paying if tax thresholds had risen with inflation since 2010.
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