Labour: Inflation figures show govt 'complacent'

Labour said the Government is "complacent about the cost-of-living" crisis after inflation rose to 1.8% today which stalled hopes for a pick-up in real terms wages.

These figures underline why this Tory-led government is wrong to be so complacent about the cost-of-living crisis.

Wages after inflation have fallen by an average of £1,600 a year since 2010 and the link between the wealth of the nation and family finances is broken. A huge turnaround is needed to ensure working people aren’t worse off than when David Cameron came to office.

While the Tories try to deny it even exists, Labour has a clear plan to deal with the cost-of-living crisis and earn our way to higher living standards for all, not just a few at the top.

– Catherine McKinnell, Labour’s Shadow Treasury Minister