Inflation has risen to 3.8 per cent, marking the eleventh consecutive month that it has been above target and forcing prices to continue to rise, placing family finances under even greater pressure.
- Labour's decision to tax jobs and ramp up borrowing have pushed up costs and stoked inflation, making everyday essentials more expensive. Meanwhile, with borrowing costs hitting a 27-year high and unemployment at a four-year high, working people and businesses are bracing for even more tax rises to pay for Labour’s mismanagement.
- Whilst Labour are distracted lurching from scandal to scandal, it is families who are paying the ultimate price for Rachel Reeves' economic mismanagement.