For months, Ed Milibands focus on living standards has allowed Labour to dominate the political agenda. But with wages soon likely to outstrip prices (average wage increases currently stand at 1.4 per cent against inflation of 1.7 per cent), many outside and some inside of the party argue that he will have to change tack. Just as the return of growth forced the abandonment of Labours too far, too fast attack on the cuts, so, they argue, the return of pay rises will repel its cost-of-living offensive.
Posted on: Mon, 07 Apr 2014 09:01:22 +0000