Soaring inflation leaves workers £1,049 worse off in Crawley

An analysis of ONS data reveals soaring inflation has left the average worker in Crawley a staggering £1,049 worse off since 2021.

In 2021 the average wage in Crawley was £31,046. Real pay has since fallen 2.6% in 2022 and a further 0.8% in 2023.

The falls come at a time when taxes are at their highest levels in 70 years. Meanwhile, the average 2 year fixed mortgage has this week hit 6.6% this week – the highest since the financial crisis in 2008, and even higher than when the Conservatives crashed the economy in Autumn 2022.

Working people are taking a hammering under the Conservatives. Inflation is out of control, real wages are collapsing, and the Tory Mortgage Penalty is pushing monthly payments through the roof and keeping potential first time buyers locked out of home ownership. Yet instead of a real plan to help families through the cost of living crisis, all we get from this government is glib rubbish telling us to ‘hold our nerve’.

Families in Crawley need real change and a real plan. That’s what a Labour Government will provide. Our Mission-led government will prioritise strong growth and rising wages in every part of the country including places like Crawley.

Tory economic mismanagement is costing us all a fortune. A General Election can’t come soon enough.