MP Hits out at Falling Wages in Dagenham and Rainham

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MP Hits out at Falling Wages in Dagenham and Rainham

New analysis reveals the Tories’ wholescale failure to grow the economy and to level up Britain, with figures showing that in every region in Great Britain real wages are lower now than when the Tories came to power in 2010.

Across the country as a whole, real wages are down by an average of 5%, leaving people £1,600 a year worse off than they were in 2010. Wages in Dagenham & Rainham have fallen by £4,161, resulting in a 11.7% cut.

A crucial component of getting wages up and improving living standards is growing the economy, something that has stalled under the Tories.

If the economy had continued to grow at the same rate as it had been with the last Labour government, then there would be £30 billion more to spend on public services without having to raise a single tax.

Jon Cruddas MP for Dagenham & Rainham said:

“These shocking figures show the Tories complete failure, over 12 years in government, to build an economy that actually works in the interests of working people.

“Inflation is in double figures, the cost of rents, transport and energy are soaring with a backdrop of falling wages. Families in areas like ours are already on the ropes. Face this off with the billions upon billions of taxpayer money that has been wasted on undelivered projects, crony contracts, and Tory vanity projects and it shows just what irresponsible stewards of the economy the Conservatives are.”

“Labour’s Green Prosperity Plan will stabilise our economy and build an active partnership with British businesses – boosting opportunities for skilled work and trade, jobs for life that pay a decent wage you can raise a family on.”