The Poor Getting Poorer & Rich Getting Richer Under Most Leftist UK PM Since 1960s

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The poorest UK households have only become poorer under Prime Minister Keir Starmer’s Labour government despite its promises to boost living standards, several British outlets reported on Friday, citing recently published analytical data.

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Disposable income left after bills and essentials for the least wealthy households in the UK fell 2.1% during the period between July 2024 (when Labour took office) and October 2025, The Telegraph wrote, citing data published by Retail Economics, an independent research consultancy. Conversely, the discretionary spending among the UK’s richest households has increased 10.3% during the same period.

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According to the UK’s Office for Budget Responsibility, due to “gradually slowing real wage growth and rising taxes,” real household disposable income is only expected to grow by 0.6% in 2026.

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The Labour government announced £26 billion ($35 billion) in tax hikes in its November budget, which was widely seen as a breach of prior promises. Simultaneously, Chancellor Rachel Reeves reaffirmed plans to ramp up military spending by 2.6% of GDP, despite recognizing that her budget would squeeze “ordinary people.”

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Starmer’s handling of the economy, as well as his crackdown on free speech in the UK amid the country’s migration crisis, has led to a plummet in his approval ratings. Only 15% of Britons think that he is doing well as prime minister, according to this week’s YouGov poll data.

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