Martin Lewis has given his take on Labour’s spring statement, questioning Rachel Reeves’ claim about how much “better off” families are set to be in the near future.
Writing on X, the money expert called into question the chancellor’s claim that real household disposable income is set to rise £500 under this Labour government. The reality is “not that rosy” he said, pointing to a contradictory explanation in the Office for Budget Responsibility’s (OBR) corresponding economic report.