Andrew Gwynne, MP for Denton and Reddish, has slammed the Government after new research laid bare the impact of the cost of living crisis across Denton and Reddish.
Data collected by the polling company Survation shows that in Denton and Reddish:
- 61% of people are cutting back on their essential groceries.
- 62% are worried about not being able to pay energy bills.
- 28% are worried they will need to use a food bank.
- 25% are worried about being made homeless.
- 41% are worried about the future of their pension.
- 41% are worried about affording their rent.
The survey comes after the Tories unveiled their ‘mini-budget’ last month. After committing to a series of unfunded tax cuts for the wealthy, the Tories saw the value of the pound collapse, and mortgage rates skyrocket. The Bank of England were forced to intervene to protect pension funds, and the stability of the market has yet to recover.
Commenting, Andrew Gwynne said:
“Local people are facing a cost of living crisis with a Government who seem intent on making things worse.
“The mini-budget sent mortgage rates skyrocketing, and working families will be paying the price of Tory incompetence for years to come.
I’m proud to be supporting Labour’s commitment to responsible finances, strong fiscal rules and fair long-term growth with good jobs and better pay.”
- More details on the polling conducted by Survation can be accessed here.
- Labour have committed to a ’green growth plan’, with massive investment in onshore wind, triple solar and offshore wind power. This would create additional jobs, infrastructure and protect energy independence. The Party has also pledged to launch a publicly owned energy company ‘Green British Energy’ to stop energy bills rising now and in the future.