Households are putting more spending on credit cards and less money in savings amid the cost of living squeeze (Anthony Devlin/PA)
(Picture: PA Archive)You’ve already been hit with the highest inflation rate in 10 years - and there’s more financial heartache in store for Londoners.
The capital and South East are set to bear the brunt of National Insurance increases, and your household bills are forecast to spiral by hundreds of pounds.
How do we get this under control, and can anything be learned from history?
David Bond, the Evening Standard’s Deputy Political Editor, unpicks the economics and examines what all this means for the Prime Minister’s electoral prospects.
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