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Politics · 7 hours ago

Renewed financial squeeze to peak in 2027, challenging Andy Burnham

Renewed financial squeeze to peak in 2027, challenging Andy Burnham

Experts warn the cost of living crisis will worsen next year, potentially extending into 2028, creating a challenge for Prime Minister Andy Burnham. Mortgage interest rates are currently increasing, with the cost of a two-year fixed rate having grown by 0.89% since March. Food inflation is predicted to reach almost 4% by Christmas and then climb to a high of 6.4% in July 2027.

Reported by Daily Express · How we write briefs

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