UK PM Starmer targets higher household disposable income

UK Prime Minister Keir Starmer said on Thursday he would judge his government’s progress in boosting the economy by using data on household disposable income and GDP per capita over the five-year parliament.

“We will measure headline progress against this milestone through higher Real Household Disposable Income (RHDI) per person and Gross Domestic Product (GDP) per capita by the end of the parliament,” a document setting out how the government intends to measure its progress said.

Starmer’s plans to deliver on election pledges said living standards would improve across the country and working people would have “more money in their pocket”.

The document also reiterated a long-term mission to deliver the highest sustained growth among the Group of Seven nations.

Labour won a sweeping majority in July, taking power for the first time in 14 years, but has fallen behind the opposition Conservative Party in some recent opinion polls.