The Tory-led Government remain out of touch with ordinary families and pensioners up and down the country who continue to feel the squeeze from higher food prices, rising energy bills and stagnant wages.
OECD figures out last week confirmed that British families have seen their food bills rise by 6.4 per cent over the last year compared to an EU average of 3.35% (or 4.55% in the G7). This means the UK now has the second highest food price inflation in the EU, just behind Hungary on 6.6%.
Labour recognises how difficult it is in the current economic climate for families to make the books balance at the end of each week.
That’s why we’re calling for a temporary reversal of the Tory-led Government’s VAT rise as part of our five point economic plan, which would provide a much needed £450 boost for families with children.