Worse off under Burnham: The middle-earners and families struggling with bills who face a fall in living standards under Labour's 'is that it?' Budget
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Middle-earners and families are facing a decline in living standards following the latest budget. The Chancellor increased taxes to a record high and allocated billions more to benefits. However, he avoided making difficult choices regarding the welfare budget. Spending on defense was also not increased.
The Chancellor pushed up taxes to a record high and poured billions of pounds more into benefits. But he ducked tough decisions on increasing defence spending and curbing the runaway welfare budget.