New figures ONS reveal that real wages (excluding bonuses) are falling at their fastest rate in a decade. New analysis published by Lewisham Labour shows that the average worker in Lewisham has suffered a reduction of £800 in the last 12 months.
Labour has a plan to tackle the cost-of-living crisis, which will:
- Stabilise the foundations of our economy by providing emergency support for business
- Provide security for the winter and beyond by acting immediately on insulation and nuclear and renewable energy with Labour’s Green Energy Sprint
- Put in place a longer-term approach to economic growth and security
Publishing the new analysis, Amanda de Ryk, Labour’s Cabinet Member for Finance and Strategy, said,
“The cost-of-living crisis is getting worse and worse. The Conservatives are utterly failing to get a grip on falling living standards and we are all paying the price.
“Real wages in Lewisham are tumbling, and every single one of us is feeling the pinch. Labour has a plan to tackle the cost-of-living crisis – we’d take real action to help businesses, bring down energy bills and get the economy moving again.”
“The Conservatives are so mired in scandal and busy fighting amongst themselves that they are failing to do what they were elected to do – serving the hard-working families of this country.”