Friday 4 April 2008

The cost of bread and butter soar

This press releases from Laura Sandys, the Conservative Parliamentary Spokesman for South Thanet (will contest South Thanet seat at the next election).

New research exposes soaring cost of living across East Kent

“The cost of living in East Kent is rising faster than many families’ incomes,” said South Thanet’s Laura Sandys and hitting out at the Government’s measure of ‘inflation’.

Although Gordon Brown claims that official inflation is running at 2.5%, new research reveals how anyone who does a weekly household shop, pays energy bills and receives a council tax bill is experiencing a far higher cost of living.

It reveals that since Gordon became Prime Minister nine months ago:
· The price of butter has increased by 37%
· The price of a dozen eggs increased by 34%
· The price of a loaf of bread increased by 28%
· The price of flour increased by 22%
· The price of a pint of milk increased by 17%
· The price of cheese increased by 17%
· The price of a sack of potatoes increased by 11%
· Gas and fuel prices have increased by 10%
· Petrol prices have increased by 8%.

The new research shows that the prices of goods and services which are bought frequently have tended to increase far more rapidly than the ‘official’ consumer inflation rate. The prices of many basic household items – bread, butter and eggs – have seen double digit rises in recent months. Petrol prices have been rising rapidly. Gas and electricity prices have jumped by 10 per cent in the last month alone. And tax changes in the Budget will push up families’ costs yet further.

Laura said:
“In a modern economy, a government can’t control the cost of living directly. But it can avoid making it worse. Sadly, Labour now seem so out of touch with the lives of working people that they keep on piling on the misery, with an extra £110 of taxes a year in the Budget for the average family.

“A new Conservative Government will be on the side of working people, with a long-term plan to fix the country’s finances and make sure public money is spent properly. That way, over time, we can cut taxes and the cost of living.”

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