Saturday, 19 April 2014

Hard working Britain deserves to be better off

In a speech this week, Ed Miliband heralded the biggest devolution of power to England’s great towns and cities in a hundred years as the next stage of Labour’s plan to tackle the cost-of-living crisis.

By ending a century of centralisation, a One Nation Labour Government in 2015 will hand control of around £20 billion to City and County Regions over the course of its first parliament. The change will mean putting local communities back in control, more and better economic growth and jobs, and public services that better meet the needs of local people.

Ed Miliband knows the way to make a real difference in people’s lives is to make sure the economy works for working people, not just a few at the top. That means creating decent, secure, well-paid jobs so we can all benefit from the recovery. The changes he announced this week are an important part of Labour’s plan.

There was once a time when working hard meant being better off, but under David Cameron’s Tories that’s no longer the case.

David Cameron boasts about the recovery, but hardworking people are facing a cost of living crisis that will continue because the link between growth of our economy and family living standards has been broken.

Working people are £1600 worse off under the Tories, and most of us feel like we are running to stand still as prices continue to rise. The prospect of a better life for our children – a foot on the housing ladder and a wage that does more than put food on the table – seems sadly remote.

Hardworking Britain deserves better than this.

Tackling the ongoing cost of living crisis will be the central purpose of the next Labour government. Ed Miliband will build an economy that works for working people and has an economic plan to ensure we can earn our way to higher living standards.

David Cameron can’t solve the cost of living crisis because he puts a privileged few before hardworking families. The key to tackling the cost of living crisis is by winning the race to the top with an economy that works for everyone, with new high skill jobs, not a race to the bottom on pay and living standards.