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Take-home pay 'rises above inflation'

An analysis of take-home pay figures circulated by the Treasury has suggested all but the top 10% of earners saw a rise in real terms last year. But Labour claim the figures were "dodgy".

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Labour: Government's take home pay figures 'selective'

Cathy Jamieson MP, Labour’s shadow treasury minister, said the Coalition's claim that take home pay was rising was based on "highlyselective figures".

The Tories are totally out of touch to claim people facing a cost-of-living crisis are actually better off under them.

These highly selective figures from the Tories do not even include the impact of things like cuts to tax credits and child benefit which have hit working families hard.

The truth is that under David Cameron real wages have fallen by over £1,600 a year and analysis of IFS figures show families are on average £891 worse off as a result of tax and benefit changes since 2010.

At the same time this government has given a huge tax cut to people earning over £150,000.

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