Catherine McKinnell MP, Labour’s Shadow Economic Secretary to the Treasury, responding to today’s inflation figures, said:
“With prices still rising much faster than wages the cost of living crisis under David Cameron continues. After three damaging years of flatlining, working people are nearly £1,500 a year worse off under this Tory-led government.
"Labour would help people struggling with the rising cost of living by freezing energy bills until 2017 and make work pay by expanding free childcare for working parents. And to help 24 million people on middle and low incomes we also want to introduce a lower 10p starting rate of tax.
"By opposing all these measures and giving a huge tax cut to people on over £150,000, David Cameron has shown he only stands up for a privileged few.”
Ends