Economic Analysis

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Commenting on the announcement today (Monday) that Sports Direct will make changes for staff on zero hours contracts, following legal action, the TUC General Secretary Frances O’Grady said: “It is good that Sports Direct will now be more open about what a bad deal zero hours contracts can be for...
27 October 2014
Commenting on research published today (Sunday) by the Resolution Foundation that shows the proportion of employees in low-paid work has increased and now stands at just over five million people, TUC General Secretary Frances O’Grady said: “Last weekend 90,000 joined our march to call for a pay rise for workers...
26 October 2014
Commenting on the latest GDP figures published today (Friday) by the Office for National Statistics (ONS), TUC General Secretary Frances O’Grady said: “It’s a tale of two economies – a few people at the top are thriving, but most workers’ wages are still in decline. “This kind of growth is...
24 October 2014
Responding to Office for National Statistics data published today (Tuesday), showing the deficit growing because wages and income tax receipts are stagnating, TUC General Secretary Frances O’Grady said: “It’s time for George Osborne to admit he got his strategy wrong. Today’s figures show the deficit getting bigger as tax revenues...
21 October 2014
Commenting on today’s (Monday) report by the Social Mobility and Child Poverty Commission which warns that the UK’s poorest are being left behind, the TUC General Secretary Frances O’Grady said: “The report rightly highlights that in-work poverty is a significant and growing problem in the UK. It makes clear that...
20 October 2014
Responding to David Cameron’s plans to cut benefits and welfare for 18- to 21-year-olds announced today (Monday) TUC General Secretary Frances O’Grady said: “Young people are already facing a historic living standards squeeze. But instead of dealing with these problems the PM wants to make life even tougher for those...
20 October 2014
Tens of thousands of people from across the UK will come to London today (Saturday) to take part in Britain Needs a Pay Rise – the TUC-organised march and rally calling for an economic recovery for all, not just the wealthy. The march sets off from Embankment at approximately midday...
18 October 2014
Commenting on the latest inflation figures published today (Tuesday), which show a larger than predicted fall to 1.2 per cent while wage rises are running at just 0.6 per cent, TUC General Secretary Frances O’Grady said: “Seven years of falling real wages has left demand weak and the economic recovery...
14 October 2014
UK workers are suffering the longest and most severe decline in real earnings since records began in Victorian times, according to a new analysis published today (Sunday) by the TUC. This year, workers across the UK face the seventh consecutive year of falling real earnings – a situation that has...
12 October 2014
Responding to the publication today (Friday) of two reports by IFS on public and private sector pay, TUC General Secretary, Frances O’Grady said: “The IFS shows just how deep and long the pay squeeze has been for vital public sector staff. Already the NHS is having difficulty recruiting and retaining...
10 October 2014

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