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Politics · 20 September 2026

Renewed financial squeeze to peak in 2027, challenging Andy Burnham

Renewed financial squeeze to peak in 2027, challenging Andy Burnham

© Crown copyright / No.10 Downing Street

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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