Tories blame Labour for rising cost of living

ODN

Shadow Chancellor Mel Stride said the government’s decisions have “driven up inflation,” arguing that higher taxes on businesses and increased public spending are pushing up prices for households. He calls for reduced spending and taxes in the Budget on Wednesday.   Report by Etemadil. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

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00:00You can't get away from the fact that the overall picture in terms of people's quality

00:04of life and standard of living is very poor at the moment and that's because the government

00:09has taken various choices that have driven up inflation. So putting tax on businesses

00:13which gets passed on by way of higher prices, borrowing and spending lots of money driving

00:19up inflation. And if you look at inflation now it's almost double what it was when we

00:24left office and within that food inflation has actually gone up quite dramatically in

00:28the last figures from four and a half to four point nine percent and that's why people

00:32are really feeling it in their pockets. What we've got to do is get government spending

00:36down and get taxes down. That's the way to really take pressure off hard working people.

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