Rising prices will hurt those already affected austerity – John McDonnell
John McDonnell MP, Shadow Chancellor, responding to news that inflation rose to 2.1% in July, said:
“Rising prices will hurt those already affected by nine years of austerity – and nine years of the Tories’ low-pay economy.
“Real wages are still below pre-crisis levels – and the failure of the Tories to boost real wages shows why they cannot be trusted on the economy.
“Labour will establish a real living wage of at least £10 per hour, invest in our public services to end austerity, and end the scourge of the low-pay economy.”