Keir Starmer claims households will be £2,620 worse off this year

Keir Starmer is stepping up his attack on the cost-of-living crisis as he launches Labour’s election campaign warning that households face a £2,620 squeeze this year.

At an event in Bury, Sir Keir will highlight the huge hit in the pipeline as he condemns the government for failing to provide enough help.

The party’s figures show the average tax bill is set to rise £1,060 over the next 12 months, with the controversial national insurance rise taking effect in the coming days.

Meanwhile, energy prices add £690, petrol £300 and higher food costs £275 – with the Bank of England raising interest rates leaving the average family another £295 worse off.  

Despite much of the added expense being down to spiking inflation caused by global factors, Sir Keir will say that Labour would have acted to impose a windfall tax on oil and gas firms in order to cut bills by up to £600.

Thousands of council seats and mayoralties across the UK are up for grabs on May 5, with Tories nervous about…

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