ONS figures: Families see pay squeezed by Conservative incompetence

14 Feb 2023

EMBARGO: Immediate Release

Responding to the latest ONS figures showing a 3.1% real-terms fall in pay in October to December 2022, Liberal Democrat Treasury Spokesperson Sarah Olney MP said:

“This Conservative government has hammered families with soaring mortgages, rising energy bills and huge unfair tax hikes.

“Hard-working people are having their pay squeezed thanks to the incompetence of Rishi Sunak and Jeremy Hunt. 

“A long list of Conservative Chancellors have driven the economy to the edge of recession, leaving millions worried about losing their jobs.

“The Government should do the right thing, put in place a proper windfall tax and cancel April’s energy bill rise."

ENDS

Notes to Editor

Latest figures can be found here.

 

 

 

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