Hosie comments on inflation increase

Commenting as UK inflation jumped to a three-year high driven by the sharp increase in energy bills, SNP Westminster Treasury spokesperson Stewart Hosie MP said the UK Government urgently needed to get a grip.

Mr Hosie, a Member of the Treasury Select Committee, said: “While the ONS has now confirmed this sharp increase in inflation, households across the country are already living with the pain of soaring prices.

"The UK Government must get a grip and use all levers it has to bring inflation under control.

"The human story behind these figures is that the real value of wages and peoples savings are being eroded, causing pain and uncertainty for people already struggle to make ends meet.

"While households struggle to keep up, these inflationary pressures are also heaping an additional burden on the public sector on top of cuts by the UK Government."