Labour launches “cost of living bombshell” poster

Chris Leslie MP, Labour’s Shadow Chief Secretary to the Treasury, said:

“David Cameron’s cost-of-living bombshell has left working people on average £1600 a year worse off since the last election.

"After three damaging years of flatlining, prices are still rising faster than wages, which is why for millions of people there is still no recovery at all.

"But David Cameron and George Osborne are so out of touch they have chosen to give people earning over £150,000 a huge tax cut.”

Chris Leslie added:

“What we need from the Autumn Statement is a long-term plan to tackle the cost-of-living crisis and earn our way to higher living standards for all, not just a few at the top.

"We need action to get more homes built, boost apprenticeships and cut business rates for small firms.

"We should make work pay by expanding free childcare for working parents and introduce a compulsory jobs guarantee for young people and the long-term unemployed.

"And we need to freeze gas and electricity bills while we make long-term changes to the energy market to stop customers being ripped off. A policy that means bills still rise this winter and lets the energy companies off the hook shows this Government doesn’t understand the cost-of-living crisis ordinary working people are facing.”