Responding to new analysis published today (Friday) by XpertHR, which forecasts that annual pay reviews will be below inflation for most private sector employees, TUC General Secretary Frances O’Grady said:
“This looks like pay misery without end.
“Britain needs, but is not getting, a pay rise. But without more spending power in people’s pockets it will be hard to sustain the recovery.
“Already the deficit is much greater than expected because the tax take is down. The economy is looking more fragile than even a few months ago.”
NOTES TO EDITORS:
- All TUC press releases can be found at www.tuc.org.uk
- Follow the TUC on Twitter: @tucnews
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