Written Question·Treasury·UIN 54077

Disposable Income: Lancashire

Tabled: 21 May 2025
Answered: 5 June 2025

Question

Mr Andrew Snowden

Conservative — Fylde

To ask the Chancellor of the Exchequer, what recent assessment she has made of the potential impact of inflation on average household disposable income in (a) Fylde constituency and (b) Lancashire.

Answer

James Murray
Inflation has fallen from the peak of 11.1%, returning to the 2% target in September 2024, before increasing again to 3.5% in April. The independent Office for Budget Responsibility forecast that CPI inflation will peak at 3.8% in July this year before fa...
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