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Latest inflation figures: The Govt must slash VAT now

June 22, 2022 3:14 PM
Originally published by Scottish Liberal Democrats

Responding to the latest ONS figures which saw inflation increase to 9.1% in May, Liberal Democrat Treasury Spokesperson Christine Jardine MP said,

"Rishi Sunak is standing by while millions of people suffer from eye-watering levels of inflation- he either hasn't got any sense or any heart not to intervene.

"This Chancellor has hiked taxes time and time again, refusing to slash them to help with the cost of living emergency. Even when we know slashing VAT is a sure-fire way to help families while keeping inflation under control.

"Instead, the Chancellor, his Prime Minister and his colleagues continue to sit on their hands while the country suffers, they are not fit for purpose."