Inflation surged to a 14 month high to 2.9 per cent according to the latest figures from the Office for National Statistics (ONS), piling more pressure on working families to make ends meet.
The figures showed that inflation is continuing to erode consumers' spending power, significantly outstripping wage rises, which increased by just 1.3 per cent in the three months to April compared with a year earlier.
Unite general secretary, Len McCluskey said:
"Life in Tory Britain means your pay packet gets smaller while the essentials get dearer.
“Hard-working families continue to struggle as rising prices continue to outstrip pay. The coalition is failing to ease the pressure on working families. It's time to act in their interests and make the economy work for the many, not just for the few.
“This government should be taking action to put more money into peoples’ pockets and ease the squeeze on living standards. Boosting the minimum wage by a £1 would ease pressure on the lowest earners who are feeling the worst effects of this disastrous experiment in austerity. This would inject more cash straight into high streets up and down the country, help the economy and reduce the benefits bill.
"Instead the government seems content to kill-off growth, while working people get less and less for their hard earned pay."
Contact Ciaran Naidoo on 07768 931315
Unite is Britain and Ireland’s largest trade union with 1.4 million members working across all sectors of the economy. The general secretary is Len McCluskey.