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

Catherine McKinnell MP, Labour’s Shadow Treasury minister, in response to today’s inflation figures, said:

“The fall in the rate of inflation is welcome as last year’s VAT rise continues to drop out of the figures. But families and pensioners are facing a harsh squeeze on their incomes from the Government’s policies.

“The independent Institute for Fiscal Studies says a family with children will lose an average of £511 from changes coming into force this year. And while millions are paying more, the Government is giving a £3 billion tax cut to millionaires.

“With the economy pushed into recession by this Government’s economic mistakes those on low and middle incomes are paying a heavy price from this out of touch Government’s unfair choices.”  

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