Labour pledges to outlaw 'loyalty penalty' and link welfare to inflation

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Labour pledges to outlaw 'loyalty penalty' and link welfare to inflation
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Labour’s finance spokesperson Ged Nash said Ireland was second only to Denmark as the EU country with the most expensive goods and services

Linking social welfare payments and tax credits to inflation are among the pledges promised by the Labour party.

The Louth TD said Irish consumers pay 42 per cent more than the average EU customer for goods and services. He also criticised the government’s one-off measures in successive budgets, worth €2.2 billion in Budget 2025, arguing that there is an "income adequacy" problem in Ireland which needs to be addressed.

"People are still getting stiffed at the checkouts doing their weekly shop," he said. "Grocery prices are far too high and it is people on fixed and modest incomes who are paying the price."

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