With inflation is stuck at a high 8.7%. Labour’s analysis also shows food prices in Britain are rising faster than many others in the G7.
- 20% faster than France
- 30% faster than Germany
- Over 3 times the rate in the US
This is a problem caused by the Government: not an unavoidable global event.
Add to this the extrodinary increase in Mortgage costs – estimated at over £4,000 a year for the average mortgage holder and we are all definitely poorer.