John Swinney has blamed "stupid economic decisions" made by the UK Government for fuelling inflation that is leaving all workers poorer.
25.10.2022 - 12:53 / dailyrecord.co.uk
Rishi Sunak has been challenged to get a grip on "out of control" inflation after the cost of everyday food essentials soared by up to 65 per cent over the last year.
The new Prime Minister, who will be officially appointed by the King today, faces a mounting pile of economic issues to deal with as he enters 10 Downing Street.
Official figures from the ONS show the cost of pasta has risen by 60 per cent in the year up to September, while the price of tea has risen by almost 50 per cent.
Cooking oil is up by 65 per cent, bread by 38 per cent and chips 39 per cent.
Inflation is now at a 40-year high with many Scots struggling to make ends meet.
Alison Thewliss, SNP Treasury spokeswoman, said: "The Tories have been a disaster for the economy. With every day, more damage unfolds.
"Under the Tories inflation has run out of control, mortgage rates are at their highest since the financial crash, and energy bills have more than doubled. We cannot go on like this. There must be a general election so voters can have their say on the way forward.
"After a decade of Tory cuts and Brexit damage, the UK already had the worst levels of poverty in north west Europe and many families were struggling to get by on stagnant incomes. Now this Tory economic crisis has become a full on emergency."
The rise in the cost of groceries has been partly caused by the war in Ukraine which disrupted grain, oil and fertiliser supplies from the region.
A surge in global demand caused by lockdowns ending has also been blamed.
“While the recent spike in inflation began with energy prices, today’s fresh insights using a new innovative data source show they are now filtering through to other important items, with the cheapest price of some staple food items rising
John Swinney has blamed "stupid economic decisions" made by the UK Government for fuelling inflation that is leaving all workers poorer.
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