The Office for National Statistics (ONS) has announced that inflation has fallen to a record low of 0.3%. The ONS has also confirmed that wages are 2.1% higher than one year ago. The result - more money in the pockets of working people in Chorley and across the UK.
Conservatives in Government have tackled the cost of living head on. Now we are seeing the results, with living standards rising on the back of Conservative policies.
When you fill up at the pump, petrol is 20p cheaper per litre than under the tax plans of the last Labour Government.
Three million people on low wages no longer pay any income tax, and so can spend their hard won salary supporting themselves and their families.
And this April, state pensioners will see their weekly pension increase by 2.5% through the governments triple lock set in September each year, prices, earnings or 2.5% whichever is the higher.
Council tax has been frozen year after year by the Government, stopping local Councils like ours in Chorley from taking more of your pay packet.
This is how you raise living standards in Chorley and elsewhere – grow the economy, create jobs and let people keep more of the money they earn.
Do you remember when Labour used to complain about economic growth flat-lining? You don’t hear that so often now that the UK has the fastest economy in the developed world. You will also hear less from Labour on the cost of living, as living standards in the UK rise sharply.
Britain is booming and living standards are rising. Why risk all of this by putting Ed Miliband in charge?