Wednesday 13 June 2018 / 9:39 AM Business / Peter Dowd

This is the sixteenth consecutive month in which inflation remains higher than the Bank of England’s target – Dowd

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

“This is the sixteenth consecutive month in which inflation remains higher than the Bank of England’s target, and working people are still struggling with real earnings continuing to be lower than in 2010, following eight years of Tory economic failure. Yet the Government refuses to act in any meaningful way.

“The next Labour government will introduce a £10 per hour Real Living Wage to tackle the squeeze on wages, and build a high wage, high skill economy for the many, not the few.”