New stats show pay squeezed as cost of living crisis worsens

Responding to new Office for National Statistics figures that show real term (adjusted for inflation) pay has fallen, Liberal Democrat Treasury Spokesperson Christine Jardine MP said: “People up and down the country are facing one of the biggest squeezes on their incomes in a generation.  “This will only get worse as the Conservatives plough on with their unfair National Insurance tax hike that will clobber families.  “If Boris Johnson had any compassion he’d scrap the tax hike and support those set to be hit hard as the cost of living crisis worsens.”