Cllr Sean Woodcock, Leader of Labour at Cherwell District Council.
Cllr Sean Woodcock, Leader of Labour at Cherwell District Council.

New figures from the ONS reveal that real wages (excluding bonuses) are falling at their fastest rate in more than a decade – 3.7% in just one year.

New analysis published by Cherwell Labour reveals that the average worker in Cherwell has suffered a reduction of £1,220.26 in the last 12 months.

Labour has a plan to tackle the cost of living crisis which will:

  • Cut VAT on home energy bills
  • Reduce energy bills by insulating 19 million homes
  • Cut small business rates
  • Buy, make and sell more in Britain

Publishing the new analysis, Labour’s Leader on Cherwell District Council Sean Woodcock said,

“This Conservative Government has downed tools while the rest of us face the worst cost of living crisis in generations.

“Wages are collapsing in Cherwell and we are all feeling the pinch – yet this zombie government is nowhere to be seen. But Labour has a plan to help families in Cherwell now. We would cut VAT on energy, insulate homes to lower bills, cut small business rates and buy make and sell more in Britain.

“This Government is stale, failing and out of ideas, and the Conservatives are too busy fighting amongst themselves to act. It’s time for a fresh start with Labour.”

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