Speeches sourced from the Labour party’s online archive More…

Catherine McKinnell MP, Labour's Shadow Treasury Minister, responding to today's inflation figures, said:

"With prices now rising much faster than wages the cost of living crisis is getting worse. Despite all the complacent claims from Ministers about the economy, these figures show that for ordinary people life is getting harder under David Cameron's government.

"After inflation, wages are down by an average of over £1300 since this Government came to power. Millionaires have got a huge tax cut, but millions of people on middle and low incomes are worse off under the Tories.

"We need urgent action to help people struggling with the rising cost of living and to kickstart our economy. Labour would act now to tackle soaring energy prices, introduce a lower 10p starting rate of tax and bring forward infrastructure investment including building more affordable homes."

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