More support for cost of living. this has been going on for ten years so i understand how strongly people feel. 0ne so i understand how strongly people feel. one of the reasons we announced our energy price freeze is to keep the bills down and to make the choice that the oil and gas companies in the north sea should pay a windfall tax to help those struggling through this period so it is further evidence of the pressure so many millions face. it is is further evidence of the pressure so many millions face. so many millions face. it is the bi est so many millions face. it is the biggest dmp so many millions face. it is the biggest dmp in so many millions face. it is the biggest drop in living so many millions face. it is the | biggest drop in living standards since the silverjubilee way back in 1977 according to a think tank the living standards resolution. the government says the job market remains resilient and it is providing £30 billion of support to households with the cost of living. 0ur political correspondent alex forsyth is at westminster. alex further evidence today of the huge challenge facing the incoming prime minister. it throws that challenge into sharp relief, the challenge that families,
Evidence of the pressure so many millions face. it is the biggest drop in living standards since the silverjubilee way back in 1977 according to a think tank the living standards resolution. the government says the job market remains resilient and it is providing £30 billion of support to households with the cost of living. joining me now is chris adcock, the managing director of reed. callum, the managing director of reed. thank you for being what callum, thank you for being with us. what do you make of the kind of underlying factors shaping this pay environment at the moment? it’s underlying factors shaping this pay environment at the moment? it s an unfortunate environment at the moment? it s an unfortunate situation environment at the moment? it s an unfortunate situation because - environment at the moment? it s an unfortunate situation because all. unfortunate situation because all else equal the labour market is actually providing what is a decent standard of pay growth of we do not experience in the uk for much more than a decade. vacancies are close to eight all time high, unemployment is low it s produced at least in the private sector face that my past wage growth for the we have