This is a worrying increase in the inflation rate. But instead of easing the squeeze, the Government is adding to the cost of living crisis for people on low and middle incomes.
Conservative and Lib Dem MPs last night voted against Labour’s call for January’s 3p fuel duty rise to be postponed. And in the coming months millions of families and pensioners on low and middle incomes face rising energy bills, cuts to child benefit and the granny tax, while 8,000 millionaires get a tax cut.
This out of touch government has got its priorities all wrong. It’s time they took urgent action to help people on middle and low incomes and kick-start our flatlining economy.
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The CBI also called for a new immigration system which provides access to labour and skills
Labour has promised to create a climate apprenticeship programme which will train an average of 80,000 people a year.
The party leader is to make a speech at the Confederation of British Industry’s annual conference on Monday.