Low income workers are dealing with an effective tax rise as a result of the government’s decision to freeze the tax free allowance — according to new NEF analysis published this weekend. This feels like the same old story, those with the least are left to bear the burden of our broken economy, while the government does nothing to support people with the cost of living crisis. So it’s time for a new story: tax rises should be targeting the very wealthy, and the money raised should be used to ensure we all have enough to live a decent life.

Miatta Fahnbulleh, Chief Executive, NEF