Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what steps she is taking to increase Real Household Disposable Income per person in Newcastle upon Tyne East and Wallsend constituency.

Real Household Disposable Income (RHDI) per capita is a measure of UK living standards. The main route to higher living standards is through good, productive jobs, stable employment, and a thriving business environment. Growth must be felt in every nation and region. Through the growth mission, the government will deliver a milestone of higher living standards in every part of the United Kingdom by the end of the Parliament.

In its October 2024 Economic and Fiscal Outlook, the Office for Budget Responsibility forecasts living standards, as measured by RHDI per capita, to grow by an annual average of 0.5% over the parliament.