New Office for National Statistics figures have revealed that real wages - not including bonuses - are falling at their fastest rate in more than a decade.
The analysis, published by Milton Keynes Labour, has revealed that the average worker in the city has seen a reduction of £1,266.07 in the last year.
Publishing the new analysis, Labour’s Cllr Rob Middleton, Cabinet Member for Resources, said: “This Conservative Government has downed tools while the rest of us face the worst cost of living crisis in generations.
“Wages are collapsing in Milton Keynes and we are all feeling the pinch – yet this zombie government is nowhere to be seen. Locally, we are doing all we can to support families during this tough time.
"Milton Keynes residents pay the lowest council tax in the region, and we are providing over £18m in direct cost-of-living support. It is despicable that the Conservatives aren’t doing enough to support people, and that is why we need a Labour Government. Nationally, Labour would cut VAT on energy, insulate homes to lower bills, cut small business rates and buy make and sell more in Britain.
“This Government is stale, failing and out of ideas, and the Conservatives are too busy fighting amongst themselves to act. It’s time for a fresh start with a Labour government.”
