Steve Slams Inflation Figures(June 21, 2013)
Walton MP Steve Rotheram has slammed Chancellor George Osborne as figures reveal today that the cost of living crisis is continuing to get worse, not better, for Liverpool's families.
Steve explained, "This week’s inflation figures confirmed what many of us are living and feeling day to day.
"The cost of living crisis is deepening, with prices now rising much faster than wages. While the Tories say the economy is healing, for ordinary families life is getting harder under David Cameron’s Government.
"The figures are stark. Wages after inflation are now on average £1,300 a year lower than when this Government came to power.
"People know times are tough, but when millionaires have got an average tax cut of £100,000, being so much worse off under the Tories is really hard for millions on middle and low incomes to take.
"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 mansion tax on houses worth over £2 million to fund a lower 10p starting rate of tax and bring forward infrastructure investment including building more affordable homes.
"This Government needs to realise that a strong and sustained recovery can only be made by the many, not just a few at the top".