Miliband speech reaction: Tough decisions on market failures could help families

January 17, 2014

Responding to Ed Miliband’s speech on the economy today Alison Garnham, Chief Executive of Child Poverty Action Group, said:

“We welcome Ed Miliband's focus on a stronger, fairer economy that works for ordinary families and leaves no child behind. Struggling families were the first to be hit by austerity measures; we can't allow them to be the last to benefit from economic recovery and growth.

“For most families it feels like the ‘Emperor’s New Recovery’ because, despite the fragile return of growth, their living standards keep getting worse and worse. Where market failures are keeping families in hardship, we do need some tough decisions to be made. This means dealing with labour market failures, such as poverty-pay, childcare market failures so parents can find and afford the childcare they need in order to work, and housing market failures that make even renting a decent home at a fair price, let alone owning one, an impossible dream for millions of families. And at some point, whoever wins the next election will have to tackle to growing crisis in family incomes that the poorest families are facing.”

ENDS

Notes to Editors

  • CPAG is the leading charity campaigning for the abolition of child poverty in the UK and for a better deal for low-income families and children.
  • CPAG is the host organisation for the Campaign to End Child Poverty coalition, which has members from across civil society including children’s charities, faith groups, unions and other civic sector organisation, united in their campaigning for public and political commitment to ensure the goal of ending child poverty by 2020 is met.

For further information please contact:

CPAG Press Office

Tel. 020 7812 5216 or 07816 909302 

tnichols@cpag.org.uk

www.cpag.org.uk