Exchequer Secretary to the Treasury James Murray has welcomed news that UK inflation fell for the second month running. He called it an “encouraging sign” that the government’s economic plan is working but admitted “many families are still struggling.” Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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00:00Well the fact that inflation has now come down for two months in a row and wages are rising faster
00:04than prices and of course we've had positive news about economic growth and these are encouraging
00:09signs that our plan for change is working but we know there's more to do. We know that many families
00:14are still struggling with the cost of living and we know that there's anxiety about the changes
00:18around the world and that's why as a government we're increasing the minimum wage for three
00:23million people, we're freezing fuel duty and we're delivering breakfast clubs at schools,
00:27primary schools across England. Well some of the decisions that we took at the autumn budget last
00:31October were really important decisions, they were the right decisions to take to stabilise the economy
00:36and to help make sure we can put public services back on their feet and it's actually as a result
00:41of some of the decisions we took last October that you've now seen NHS waiting lists fall by 219,000
00:48people since the general election. So we're starting to see our plan for change delivering but we know
00:53we need to go further and faster and I think in a world where things are changing, where things are
00:57uncertain, our job is to provide stability and security for working people and that's why we
01:02need to strengthen the UK economy, put more money in people's pockets and also strength from those
01:07alliances so that we can trade with other countries around the world.