Tag Archives: cost of living

Cost of living emergency facing London and the UK

This week the London Assembly passed a motion I proposed declaring a cost of living emergency in London. We called for some specific actions that should be taken by both the Mayor and most importantly central Government.

It was building upon the excellent initiative by the Eastbourne councillor and Liberal Democrat Parliamentary Candidate Josh Babarinde who last month declared Eastbourne as the first town in the UK in a cost of living emergency.

More widely it is also builds upon what we have been doing at a national level as well. Ed Davey was the first political leader to call for a windfall tax on energy firms.

Even before the cost of living crisis London was facing the highest level of poverty of any city or region in the UK. A third of London children are living in relative poverty, so the rise in food prices not to mention energy bills will make things even more challenging.

During the Covid pandemic we witnessed the problems many families face with children being at home throughout the day. The families that rely on free school meals will face the impact again during the Summer school holidays starting in just a few weeks time. Parents are already deciding not to eat so their children do not go hungry. I can’t believe that this is happening in London or anywhere in this country. But it is.

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Ed Davey highlights “Sunak Scam” and other Lib Dems respond to Chancellor’s statement

Ed Davey was unimpressed with the package announced by Rishi Sunak aimed at helping people with the soaring cost of living.

He described it as the “Sunak Scam.”

The Chancellor is hammering families with a £800 tax hike this year, more than wiping out what he announced today.

It is the Sunak scam, promising you help but picking your pockets while you’re not looking.

Soaring inflation and devastating tax rises have left proud families who never dreamed they would find themselves in trouble struggling to pay the bills.

The British people need help right now, but instead have been left abandoned again for months on end.

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5 April 2022 – today’s press releases

  • Sunak to cash in £40 billion VAT windfall as families face cost of living crisis
  • Brand Putin’s armies and mercenaries as terrorists in response to atrocities

Sunak to cash in £40 billion VAT windfall as families face cost of living crisis

  • Rishi Sunak set to rake in an extra £38.6 billion in VAT over next four years due to soaring prices
  • Typical family to pay £430 more in VAT next year, on top of National Insurance rise coming into force today
  • Lib Dem Leader Ed Davey launches local election campaign with call to slash VAT and save struggling families £600

The Chancellor Rishi Sunak is set to rake in an extra £38.6 billion in VAT over the next four years, as skyrocketing inflation leads to higher prices in the shops, official forecasts have revealed.

Analysis by the Liberal Democrats shows this means a typical family will pay an estimated £430 more in VAT next year, compared to what they paid in 2021-22. The figures are taken from the latest forecasts from the Office for Budget Responsibility.

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Sunak shows he is “out of touch” on fuel poverty figures

Responding to the Chancellor Rishi Sunak’s failure to answer how many people are being pushed into fuel poverty on the BBC’s Sunday Morning show, Liberal Democrat Treasury Spokesperson Christine Jardine said:

Rishi Sunak doesn’t even care enough to find out how many people he is condemning to fuel poverty. It shows he is completely out of touch with families worried sick about how to cope with soaring energy bills.

People are desperate for help but the Conservatives’ response is to clobber them with an unfair tax rise.

The Chancellor should use this week’s Spring Statement to put money back into people’s pockets,

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Ed Davey: Boris Johnson is concentrating on saving his own skin, not rising living costs

In a strong appearance on The Sunday Morning Show, Ed Davey called on the Government to hold a cost of living summit in No 10, a work event, not a party, if you like.

He called for a windfall tax on energy companies and said that if the Conservatives had stuck with the policies he introduced when he was Energy Secretary, our bills would be £2.5 billion. You can watch the whole thing here:

He was challenged by Sophie Raworth on his tweet:

Ed replied that he had respect for rank and file police officers who put their lives on the line to keep us safe. For them to do their job, the public have to have confidence in them and the way the Met has handled this has undermined that.

He took us through the Met’s actions of the past few weeks, first saying they wouldn’t investigate the Downing Street Parties, then they said they might but wanted to let Sue Gray get on with her report, then they would investigate but Sue Gray’s report could be published in full and then they changed their minds for a fourth time and said that Sue Gray’s report had to wait for their investigation to be completed. “This is chaos, absolute chaos.” It might be cock up, he added, but it could also be something much worse.”

He said that he had called for an investigation by the Metropolitan Police several weeks ago. If they had done that then, they would have completed their  investigation and we wouldn’t have the paralysis in Government that we are seeing now.

He said that nobody wanted the Met to make such a hash of this and had a go at Boris.

“We have a Prime Minister who has broken the rules and lied about it to Parliament. No-one trusts this Prime Minister. It’s why I’ve called very strongly that he should resign.”

 

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Living costs more when you have a disability

Scope, the disability equality charity in England and Wales, has released a new report showing how life is more expensive for those living with disability. Their study shows that those with disability spend more on heating, insurance, equipment and other essential goods and services. Scope says

These extra costs mean disabled people have less money in their pocket than non-disabled people, or simply go without. Therefore, disabled people are likely to have a lower standard of living, even when they earn the same.

There are two parts to the report: The Disability Price Tag 2019 Policy Report discusses the key findings and recommendations; The Disability Price Tag 2019 Technical Report drills into the data, showing the detail of the extra costs those with disability incur in daily life. Both reports can be downloaded here.

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Danny Alexander: More people in work than ever before, earnings now rising in line with prices

speech danny alexander 6Two pieces of good economic news today, as the BBC reports:

UK unemployment falls to five-year low of 2.2m

The number of people out of work in the UK has fallen by 77,000 to a five-year low of 2.24m in the three months to February, official figures indicate. The unemployment rate now stands at 6.9% of the adult working population, the Office for National Statistics (ONS) said.

After six years, wages finally overtake inflation

After nearly six years of falling real wages, weekly earnings have finally edged above inflation. Weekly wages, including bonuses, rose by 1.7% in the year to February, up from 1.4% in January, according to the Office for National Statistics (ONS). Earlier this week, inflation, as measured by the Consumer Prices Index (CPI), fell to 1.6%. It is the first time that earnings have been higher than inflation for six years, apart from two months in 2010.

Here’s what the Lib Dem Chief Secretary to the Treasury Danny Alexander had to say:

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Lynne Featherstone writes… Lib Dem action on tax helps to ease the cost of living

International Development minister Lynne Featherstone writes a monthly column for one of her local newspapers. Here is the latest one…..

There are so many perks of living in Haringey – vibrant high streets, good transport links, wonderful parks and views – to name but a few!

But on the downside, our bin collections, roads and other public services are notoriously bad. Haringey Council – which is run by Labour – has been rated the worst in London.

Week in, week out, Haringey Labour seem to lurch from one crisis to another. They failed to meet their own targets for making our local …

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