Folks do nonetheless really feel worse off than a couple of years in the past, Jeremy Hunt has acknowledged.
Chatting with ITV’s Good Morning Britain programme, the Chancellor mentioned: “Do individuals really feel higher off now than a couple of years in the past? No, as a result of we’ve got had one thing that you just and I’ve by no means had in our lifetimes.
“We now have had two huge financial shocks in fast succession so no, they don’t really feel higher than they felt a couple of years in the past.
“The numbers present very clearly that since 2010 over an extended time period dwelling requirements have improved, we’ve got received 4 million extra jobs, we’ve got attracted extra funding than wherever on this planet other than China and america.
“The explanation I’m saying that’s as a result of that is an election 12 months, individuals are going to choose in regards to the future.
“Relating to the essential issues that make a distinction, the tough choices on having a versatile labour market, on getting taxes down in order that we appeal to funding from abroad, a Conservative authorities will proceed to take these tough choices.”