Tory cheers that that the cost of living crisis is easing are premature and ring hollow for ordinary working people said the leader of Britain’s largest trade union, Unite.
The comments from Len McCluskey follow today’s (Tuesday 20 May) rise in the consumer price index (CPI) to 1.8 per cent with latest figures showing wage growth stuck at 1.7 per cent, meaning a hoped-for sustained period of pay rising faster than the cost of living has yet to materialise.
The retail price index (RPI) measure of inflation, usually used for pay bargaining, remained static at 2.5 per cent.
Commenting, Len McCluskey, general secretary of Unite, said: “The latest inflation figures show that Tory cheers that the cost of living crisis is over are premature and are ringing hollow in the households of ordinary families struggling to get by. Under David Cameron and George Osborne we have seen wages shrink and the world of work become more and more insecure.
“While millionaires get tax breaks and the proceeds of growth fill the wallets of the wealthy, ordinary people are asking themselves are they better off under this government?
“The answer is a resounding no. People are living on a knife edge, there is no room for manoeuvre in family budgets and if interest rates rise they will be tipped over the edge.
“Cameron and Osborne have shown they are blind to the everyday struggles of people trying to make ends meet. We need an economy that works for ordinary working people, a boost to the minimum wage of £1.50 an hour and end to the pernicious rise of the insecurity of zero hours contracts.”
For further information please contact Unite head of media and campaigns Alex Flynn on 020 3371 2066 or 07967 665869.
Twitter: @unitetheunion Facebook: unitetheunion1
Notes to editors:
- Unite is Britain and Ireland’s largest trade union with over 1.4 million members working across all sectors of the economy. The general secretary is Len McCluskey.