Local people feel the pinch
October 8, 2008 8:08 PM
LibDem Shadow Chancellor Vince Cable MP and London Euro-MP Sarah Ludford show the rise price of a typical basket of groceries over the past year
Soaring prices of petrol, food and heating are hitting people hard across our area.
It doesn't matter how much you earn, almost everyone is feeling the pinch. Hardest hit are pensioners and others on fixed incomes.
London's Liberal Democrat Euro-MP Sarah Ludford said, "People are fed up with Gordon Brown's excuses for his economic mismanagement. We need action now to help people in our area.
"Pensions went up by just a few pounds a week this year. That is quickly wiped out when the cost of basic foods like butter and cheese has risen by a third in a year.
"It doesn't stop there either. The cost of heating also went up by up to 40% too. Petrol prices remain sky high."
Sarah Ludford and the local Liberal Democrats are backing LibDem Shadow Chancellor Vince Cable MP to get action to tackle the crisis.
Top priority is putting more money in the pockets of ordinary people. The LibDems are calling for a 4p in the pound cut in income tax and better pensions.
Energy companies would be forced cut prices for the less well off and pay to improve home insulation.
Sarah said, "It's only right that people need to keep more of what they earn to help deal with rising prices.
"Energy companies have made massive profits from their customers. It's time that they helped those on low incomes.
"No-one should have to choose between putting food on the table or keeping their home warm."
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