A RECORD number of Brits think the cost-of-living crisis will never end, the latest polling ahead of tomorrow’s Budget shows.

More In Common’s study on public opinion, Let’s Do The Doom Loop Again, was presented to Parliament and found 57 per cent of Brits think the cost-of-living crisis is here to stay.

This is the highest since the organisation began tracking it in July 2022 and has risen from a low of 32 per cent.

The public is now also more pessimistic than ahead of the past two Budgets — rising by 10 points from when Chancellor Rachel Reeves revealed her first Budget last year.

The polling also found that 44 per cent don’t think the wealthy pay enough tax, with 63 per cent supporting a mansion tax on properties worth more than £1.5m.

The move was backed by 77 per cent of last year’s Labour voters, 59 per cent of Reform voters and even 54 per cent of Conservatives.

“On the eve of the government’s second Budget, the doom loop feels deeper still,” the report said.

“Most Britons now think the UK is in a recession, and although the cost-of-living crisis may no longer dominate the headlines, the public feels its impact more sharply than ever. 

“Nearly three in five Britons worry it may never end. 

“In this bleak economic context, people recognise the severity of the task facing the Chancellor. 

“Yet the chaos of recent weeks, unpopular decisions over the past year and a failure to communicate a positive message about what this is all for has undermined confidence in the government.”