Inflation stats: Families struggling to get by because of Government's inaction and incompetence

EMBARGO: Immediate Release

Responding to the latest ONS figures showing inflation has reached 11.1%, Liberal Democrat Treasury spokesperson Sarah Olney said: 

"This Government's biggest economic failure has been their disastrous attempts to get inflation down. Families are now struggling to get by because of this Government's inaction and incompetence on spiraling prices. 

"After inflicting so much chaos, the latest Conservative Chancellor is now expecting the public to clean up their mess with grossly unfair tax rises. Our crumbling hospitals and run down classrooms are on the brink of savage cuts all because the Conservative party crashed the economy to fund tax cuts for the richest companies. The country will never forgive them for this. 

"This week Jeremy Hunt should target the oil firms and banks making bumper profits to fill the blackhole in Britain's finances, rather than inflicting more pain and misery on struggling households."
 

ENDS

Notes to Editor

Source: Here