Labour could oversee worst parliament on record for living standards, study warns

Energy and housing costs threaten biggest decline in modern times unless bold action taken, says thinktank

Soaring energy and housing costs mean Labour is on course to preside over the worst parliament for living standards in modern times, a stark analysis warns.

Three weeks ahead of John Healey's budget, the Joseph Rowntree Foundation said Britain faces a dire" outlook unless the government takes bold policy action".