I have serious problems with this – not least because of this senior Labour MP’s use of the Tory ‘hardworking’ tag.
KPMG, for example, is one of the ‘Big Four’ accountancy firms that have been rewriting tax law to favour people with, let’s say, offshore banking interests; business executives, shareholders, profiteers. They’re hardly likely to do anything that will improve the position of the people who create those profits because that will mean a smaller slice of cake for the fatcats.
Labour needs to get rid of these private sector hangers-on; their advice is worse than useless.
I’m proud that the last Labour government introduced the National Minimum Wage. This boosted pay for millions at the bottom without leading to a loss of jobs.
But we face different issues today. The minimum wage was originally designed to prevent extreme low pay and abuse. Today, the challenge is to help hardworking people that earn above the minimum wage but are still living in poverty. Over five million people, or one in five employees, are low paid.
This has got worse under the Tories, with families on average £1,600 a year worse off since David Cameron became Prime Minister. And the value of the national minimum wage has been eroded, leaving working people worse off.
Those on the lowest pay are at the sharpest end of the cost-of-living crisis. In-work poverty is a shocking legacy of the Tories’ four years in power and the next Labour government is determined…
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