Stephen Morgan MP has said Labour’s plans to tackle the cost-of-living crisis would save minimum wage earners in Portsmouth more than £40 a week, as Labour’s Shadow Chancellor Rachel Reeves MP revealed that Liz Truss’ cost of living plans will leave four million families without any additional support.
In the wake of Ofgem’s announcement that energy bills will go up by 80 per cent, Rachel Reeves has accused the Government of failing to meet the scale of the national emergency.
Under Truss’ plans, a couple living outside London, both working full-time and earning the average wage with one child, will not be eligible for any additional cost of living support. It means almost four million families would miss out.
Labour’s plan would prevent the energy price cap rising, meaning people would not pay a penny more this winter. It would be paid for from the record profits made by oil and gas giants.
The package, first announced by Labour two weeks ago, would also reduce energy demand and lower bills in the longer term by insulating 19 million homes across the country over the next decade through Labour’s Warm Homes Plan.
The Member of Parliament for Portsmouth South, Stephen Morgan, said
“Under the Conservatives’ watch, the energy crisis has spiralled out of control and now more Portsmouth households than ever are facing soaring bills they’ll struggle to cover.
“People deserve a government that is on their side, one that is ready to take the action needed now to meet the scale of this national emergency. Instead, they have one willing to leave millions of families out in the cold.
“With Labour’s plan saving an average earner over £40 a week this winter, the government should get behind it and take action to stop the energy price cap rising.”
