Cost of Living

We know that times are tough for a lot of families. Although we've started to repair the economic damage caused by Labour - creating 1 million jobs and 1.6 million apprentices - the cost of living is still increasing. 

In Government, Liberal Democrats have fought to cut family tax bills by a third, reduce the cost of childcare and guarantee pensioners a decent income during retirement.

We have:

  • Delivered a £700 tax cut to 24 million people, frozen Council Tax, Fuel Duty and the TV Licence.
  • Increased pensions by £800 a year since 2010, thanks to our new ‘triple lock’ rule which ensures state pensions always rise with inflation, earnings or 2.5% - whichever is highest. 

While Labour pushed costs up in the first place through their economic crisis, the Conservatives cannot be trusted to make sure the recovery is fair.

Only Liberal Democrats can build a stronger economic and a fairer society.



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