Britons have been told to prepare for "two weeks of misery" ahead of Labour's Spring Statement, as a new poll reveals almost 90 per cent of people feel "no better off" under the current Government.
The poll, carried out by LBC, reveals that just 14 per cent of Britons agreed they were financially better off since the General Election, with 80 per cent feeling they were "no better off".
Labour has faced swathes of economic scrutiny after Chancellor Rachel Reeves announced her October Budget, with her latest policies impacting millions of Britons.
Speaking to GB News about the poll, Political Editor Christopher Hope said there are "difficult times" ahead for taxpayers, warning them of "two weeks of misery".
Christopher explained: "The OBR's assessment of where the economy is is next week, and then we are expecting the Government probably to hold those income tax thresholds the same.
"So more people getting these pay rises will be caught by this, by this being more in income tax. It's not easy. Difficult times and big bills going up in early April - we're looking at two weeks of misery I think for millions of people."
Noting Labour's efforts to make people "better off" since their election victory, Christopher noted that they believed their pledge to not increase tax would "benefit people".
He added: "The Government was hoping right now that all those measures they've put in last year, with not withstanding the tax increase, would have some benefit with people, but they're not getting richer."
LATEST DEVELOPMENTS:
Highlighting the role of Morgan McSweeney, the chief of staff person to Keir Starmer, Christopher claimed that he "recognises the need to make people feel richer".
He told GB News host Martin Daubney: "Morgan McSweeney, who is the most important man in Labour politics who you've never heard of, he's the guy behind the scenes - he recognises the need to make people feel richer.
"It might seem strange if you feel that the wages are running away, certainly in the private sector I feel they aren't, maybe in the public sector that's what they're talking about, because there's big increases pushed through last year by the Government."
Delivering his verdict on the polling, Martin Daubney stated that with public sector pay rises being handed out by Labour, many hard-working Britons are "feeling the pinch" of Labour's policy.
Martin said: "If you look at the giveaway, the public sector pay deal, that's £9.4billion a year, £47billion that cost during the term of this parliament, junior doctor pay rises, £500million a year - that's 2.5 billion. Train drivers over the period of of Parliament, £675 million.
"That's £50billion in public sector pay rises. Everybody else, meanwhile, is feeling the pinch. And McSweeney can say people need to feel the difference, they're not feeling the difference - they're feeling worse off."
A Labour spokesman said: "Labour inherited unprecedented challenges from the Conservatives, with crumbling public services and crippled public finances. There are no overnight fixes but the work of change has begun.
"Millions of workers will see a pay boost from April through our increase to the minimum wage. But we know there’s more to do.
"This Labour government’s Plan for Change is kickstarting economic growth and we are taking the long-term decisions, to make people better off across the country."
Find Out More...
The poll, carried out by LBC, reveals that just 14 per cent of Britons agreed they were financially better off since the General Election, with 80 per cent feeling they were "no better off".
Labour has faced swathes of economic scrutiny after Chancellor Rachel Reeves announced her October Budget, with her latest policies impacting millions of Britons.
Speaking to GB News about the poll, Political Editor Christopher Hope said there are "difficult times" ahead for taxpayers, warning them of "two weeks of misery".
Christopher explained: "The OBR's assessment of where the economy is is next week, and then we are expecting the Government probably to hold those income tax thresholds the same.
"So more people getting these pay rises will be caught by this, by this being more in income tax. It's not easy. Difficult times and big bills going up in early April - we're looking at two weeks of misery I think for millions of people."
Noting Labour's efforts to make people "better off" since their election victory, Christopher noted that they believed their pledge to not increase tax would "benefit people".
He added: "The Government was hoping right now that all those measures they've put in last year, with not withstanding the tax increase, would have some benefit with people, but they're not getting richer."
LATEST DEVELOPMENTS:
- ‘Untenable!’ Starmer rocked by mass councillor exodus as Labour MPs plot ‘mother of all rebellions’
- Pension disaster looms as Rachel Reeves warned Britons' savings 'will not be enough for retirement'
- Kemi Badenoch raises alarm bell for ‘emergency budget’ after Keir Starmer defends Labour’s tax raid
Highlighting the role of Morgan McSweeney, the chief of staff person to Keir Starmer, Christopher claimed that he "recognises the need to make people feel richer".
He told GB News host Martin Daubney: "Morgan McSweeney, who is the most important man in Labour politics who you've never heard of, he's the guy behind the scenes - he recognises the need to make people feel richer.
"It might seem strange if you feel that the wages are running away, certainly in the private sector I feel they aren't, maybe in the public sector that's what they're talking about, because there's big increases pushed through last year by the Government."
Delivering his verdict on the polling, Martin Daubney stated that with public sector pay rises being handed out by Labour, many hard-working Britons are "feeling the pinch" of Labour's policy.
Martin said: "If you look at the giveaway, the public sector pay deal, that's £9.4billion a year, £47billion that cost during the term of this parliament, junior doctor pay rises, £500million a year - that's 2.5 billion. Train drivers over the period of of Parliament, £675 million.
"That's £50billion in public sector pay rises. Everybody else, meanwhile, is feeling the pinch. And McSweeney can say people need to feel the difference, they're not feeling the difference - they're feeling worse off."
A Labour spokesman said: "Labour inherited unprecedented challenges from the Conservatives, with crumbling public services and crippled public finances. There are no overnight fixes but the work of change has begun.
"Millions of workers will see a pay boost from April through our increase to the minimum wage. But we know there’s more to do.
"This Labour government’s Plan for Change is kickstarting economic growth and we are taking the long-term decisions, to make people better off across the country."
Find Out More...