MOST people think Labour will fail to reduce poverty by the end of its current term in government.

Research from King’s College London (KCL) and the Fairness Foundation, published today, has found that four in 10 Labour voters expect this to be the case by 2029.  

Polling carried out two weeks before the Budget also found a third of the public expects their standard of living will fall over the next five years.

About 52 per cent expect the number of people living in poverty to have risen in that period, while 45 per cent feel the gap between richest and poorest will also have widened.

Just 14 per cent said they thought poverty would be reduced.

Prime Minister Sir Keir Starmer’s government has faced widespread criticism for keeping the two-child benefit limit and limiting the winter fuel allowance to all but the poorest pensioners while child poverty remains at record highs.