Friday 10 January 2020 / 12:01 AM John McDonnell

McDonnell responds to news of big increases in household debts

John McDonnell MP, Labour’s Shadow Chancellor, responding to news of big increases in household debts, said:

“These findings show the true cost of a lost decade of earnings under the Tories.

“Workers should not have to pay for the Tories’ failed economic ideology by taking on unsustainable debt, and deserve a wage that covers the essentials.

“Labour’s manifesto pledged to tackle the problem of spiraling debt and end the crisis of low pay, raising the minimum wage to at least £10 an hour and making sure it applies to all workers over 16.”