Responding to new data showing the consumer prices index rose 2.6% in the 12 months to November, Muniya Barua, Deputy Chief Executive at 91¶¶Òù, said: ​“Rising costs are making it harder for many firms to hire and invest in support of the Government’s growth mission.
“With national insurance and minimum wage hikes coming into force next year, the Government should put growth at the heart of its spending review.
“That means ramping up spending on affordable housing so that London remains a place where people can afford to live and work. Providing Transport for London with a multi-year funding deal so it can deliver the major projects needed to keep the city moving. And upgrading London’s devolution settlement so that it receives a single cash settlement, in-line with those agreed for Greater Manchester and West Midlands, to unlock the capital’s full potential as an engine of growth for the whole UK.â€