Cost of Living Crisis

The cost of living rose by 5.1% between November 2020 and November 2021. It is now at its highest rate for 10 years.

With energy, fuel and food prices all rising - everyone in Fylde has been affected in one way or another

  • Household heating prices have soared since the Energy Price Cap was lifted in October. 15 million homes pay £139 more for their heating and this could increase further in the Spring.
  • Supermarket food prices have risen by 1.1% - the biggest increase since the 2008 crash - while stock on the shelves is at its lowest point since 1983.
  • Filling a tank of petrol is on average £12 more expensive than it was a year ago. Fuel is set to hit a record high in 2022.

This is a time when the Government should be giving people a helping hand - however the Conservatives are instead making life even harder. They have increased National Insurance, cut Universal Credit and capped Pension rises so they don’t keep pace with wage increases.

The Lib Dems would tackle the growing cost of living by taxing super-rich international companies, investing in green homes and green energy to cut fuel bills, and improving trade with Europe to cut food bills and tackle food shortages.

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