Inflation stats: Chancellor must put households and high streets first

EMBARGO: Immediate release

Responding to the latest ONS inflation figures released this morning, Daisy Cooper, Deputy Leader and Treasury Spokesperson for the Liberal Democrats said: 

“As the cost-of-living crisis rages on, the Chancellor mustn’t look this small gift horse in the mouth. 

“Hitting people with a stealth tax at next week’s Budget would prolong the pain of higher taxes for much longer and unfairly pull poorer pensioners and low-income workers into paying tax for the first time.

“We Liberal Democrats are calling for emergency measures to slash people’s energy bills, save our high streets with a VAT cut for hospitality and boost growth in every corner of the UK - funded fairly by taxing the banks. The Chancellor must put households and high streets first and put an end to the most vulnerable from having to choose between heating and eating.”

ENDS