Written Question·Treasury·UIN 44044

Disposable Income

Tabled: 3 April 2025
Answered: 11 April 2025

Question

Ben Obese-Jecty

Conservative — Huntingdon

To ask the Chancellor of the Exchequer, with reference to her oral statement on Spring Statement of 26 March 2025, Official Report, Column 952, what the evidential basis is that households will be on average more than £500 a year better off under this Gov

Answer

Darren Jones
The Office for Budget Responsibility’s (OBR) March 2025 forecast is for people to be on average over £500 a year better off, relative to the March 2024 forecast. This refers to Real Household Disposable Income (RHDI) per person, a commonly used measure of...
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