Under the Tories, hardworking families are on average £1600 worse off than they were in 2010. Whilst giving those earning over £150,000 a tax cut worth £3 billion, the Tories raised VAT and 23 taxes for ordinary families.
Labour has a better plan for Britain's future.
To deal with the cost-of-living crisis, Ed Miliband's government will cut taxes for hardworking families to a lower 10p starting rate of tax and introduce a 50p top rate of tax to pay off the deficit fairly.
Labour will raise the Minimum Wage to £8 an hour, promote the Living Wage and ban exploitative zero-hours contracts. As well as banning exploitative zero-hours contracts, we will legislate that all workers can demand a regular contract after 12 weeks.
Especially in Edmonton, the cost of renting is hitting families hard. Labour will ban rip-off letting agent fees and ensure longer term rent tenancies with capped rent increases.
Ed Miliband will also freeze gas and electricity bill increases until 2017 and reform the energy market so families get the best deal.