IFS analysis shows the Chancellor wants to make austerity permanent

Commenting on the analysis of the Autumn Statement by the Institute for Fiscal Studies (IFS) today (Friday), TUC General Secretary Frances O’Grady said:

“Today’s IFS analysis confirms that spending cuts will go on and on as George Osborne makes austerity permanent.

“This has nothing to do with economics, but is all about a right-wing political project.

“The Chancellor is using the fall-out from the global recession to permanently cut services and shrink the state back to where it was in 1948.

“This is not what voters want. They may have accepted the need for harsh medicine in the wake of the crash, but they want a cure that delivers rising living standards, decent services and a fair economy.”

NOTES TO EDITORS:

- The IFS analysis is available at www.ifs.org.uk/projects/423

- The TUC’s campaign plan can be downloaded from www.tuc.org.uk/campaignplan

- All TUC press releases can be found at www.tuc.org.uk

- Follow the TUC on Twitter: @tucnews

Contacts:

Media enquiries:
Rob Holdsworth    T: 020 7467 1372    M: 07717 531150     E: rholdsworth@tuc.org.uk