My Mirror article on the growth figures and the cost-of-living crisis

Are you feeling the recovery?

David Cameron and George Osborne desperately want to tell people the economy is fixed and the cost-of-living crisis is over.

Well it may be working for them and people earning over £150,000 who have had their taxes cut, but most people are not feeling any recovery at all.

The costs of food, fuel, childcare and housing have all gone up much faster than wages for four years.

That’s why working people are on average £1,600 a year worse off.

It will take a huge turnaround for people to be better off at next year’s general election compared to when Cameron came to office.

Ed Miliband and I are clear we need big changes to make sure our economy works for working people.

Now growth has finally returned, the question is whether ordinary people will properly feel the benefit.

Labour’s plan will ensure we earn our way to higher living standards for all and secure a balanced recovery.

We will freeze energy bills until 2017, introduce a 10p starting rate of tax and boost the minimum wage.

We will get young people back to work, cut business rates, ensure 200,000 homes are built a year and expand free childcare.

And we will get rid of the deficit in the next Parliament, but in a fairer way, including reversing this Tory-led government’s £3billion tax cut for the top one per cent of earners.

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Posted April 30th, 2014 by Ed

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