Coalition 'costs workers £6,660'

Press Association
Chris Leslie
Chris Leslie

The amount of money working people will have lost in real terms under coalition rule would be enough to pay for the average family weekly shop for a year-and-a-half, shadow Treasury minister Chris Leslie said.

Taking into account inflation, workers will have lost £6,660 by the time of the next election and incomes will be £1,520 lower in real terms in 2015 than in 2010, Labour's analysis of Office for Budget Responsibility forecasts showed.