Labour’s rising costs hit higher earners more, official figures show

Higher earners are bearing the brunt of rising costs as Labour’s campaign against Britain’s middle classes takes its toll, official figures reveal.

Wealthier households are seeing prices rise higher than poorer ones for the first time since March last year, while workers are suffering more than retirees with the rising cost of living – according to data published on Friday by the Office for National Statistics (ONS).

Britons, meanwhile, have grown steadily more anxious since Labour came to power, separate data from the government body suggests.

This comes after former Chancellor Rachel Reeves demanded those with the ‘broadest shoulders’ pay their ‘fair share’,

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