Rebecca Long-Bailey MP, Labour’s Shadow Chief Secretary to the Treasury, commenting on the ONS inflation figures, which show CPI has risen to 1.6 per cent in December, up from 1.2 per cent on the previous month, said:

“Today’s inflation figures mean people will be facing a squeeze on their pay, on top of the six wasted years of flat and falling living standards under the Tories.

"Working people deserve better than this. The Tories boast about economic growth but our rigged system mean it’s an elite who benefit. Only Labour will reform our rigged economic system and deliver pay increases for working people with a Real Living Wage and investment in jobs and skills for the future.”