Responding to David Cameron’s comments on wages, Shabana Mahmood MP, Labour’s Shadow Treasury Minister, said:
“Working people are £1600 a year worse off under David Cameron and wages continue to stagnate. A few months of falling world oil prices will not solve the deep-seated problem of our economy not working for working people.
“While David Cameron just talks, Labour will take action to create more good jobs and make work pay. Our economic plan will raise the minimum wage to £8 an hour, introduce tax incentives for firms to pay the living wage, boost apprenticeships and cut business rates for small firms.
“David Cameron says he wants falling oil prices to be passed on in all ways possible. But just this week the Tories voted against Labour’s plans to give the regulator the power to force energy companies to cut their prices when wholesale costs fall.”