MP, Labour’s Shadow Chief Secretary to the Treasury, Pat McFadden, commenting on the latest ONS labour market statistics, which show real wages falling, said:
“These figures confirm working people still face a fragile recovery in the face of a growing cost of living crisis and spiralling inflation.
“Our plan to deal with rising energy bills is funded by a one-off windfall tax on oil and gas producers, and would save most households around £200, with £600 off bills for those who need it most.
“The Tory proposals for a buy now pay later loan on energy just don’t measure up to the scale of the pressures being faced by households.”
