Inflation has reached its highest level in five years following Tory economic failure – Peter Dowd

Peter Dowd MP, Labour’s Chief
Secretary to the Treasury,
responding to today’s inflation figures by the ONS, said:

“Inflation
has reached its highest level in five years, while real earnings are still
lower than in 2010, following seven years of Tory economic failure.

“Only
Labour will deliver a £10 per hour Real Living Wage, investment in
infrastructure, and an effective industrial strategy to raise living standards
and build an economy for the many, not the few.”