Economic Issues

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The TUC publishes regular expert analysis of the UK economy and our place in the world. Listed below are our most recent economics briefings and reports. 

Commenting on ONS figures released today (Wednesday), which show GDP growth of just 0.3%, TUC General Secretary Frances O’Grady said: “The government is relying on consumers for what little growth we’re getting. But the signs of strain are starting to show, with real wages falling and families getting deeper into...
26 July 2017
Commenting on the news that the Great Western Mainline will now not be electrified to Swansea, Wales TUC General Secretary Martin Mansfield said: “The UK government is turning its back on the Welsh economy. First, they went back on the promise to electrify the Valley lines and today’s decision to...
20 July 2017
Responding to the announcement today (Wednesday) by the government of a speeded-up timetable for raising the state pension age to 68, TUC General Secretary Frances O’Grady said: “A decent retirement is a right for us all, not a privilege for the few. Rather than hiking the pension age, the government...
19 July 2017
The TUC is today (Wednesday) publishing a new audit of the economic and social costs and benefits of the financial sector in the UK.
19 July 2017
Modern societies need a well-functioning financial sector that meets the needs of households and businesses in the ‘real economy’. The UK’s financial sector is huge and sophisticated and makes a major contribution to the UK economy both in terms of its direct contribution to GDP and services provided to the...
19 July 2017
Commenting on figures published by the ONS today (Tuesday) which show that inflation is continuing to outstrip wage growth TUC General Secretary Frances O’Grady said: “The government must stop this cost of living squeeze. Many working people are caught in a vice as rising prices crush their pay. “Ministers claim...
18 July 2017
Commenting on today’s (Wednesday) review on retirement outcomes by on the Financial Conduct Authority, TUC General Secretary Frances O’Grady said:
12 July 2017
Commenting on the latest labour market data published today (Wednesday) by the Office for National Statistics – which show real earnings falling by 0.5% – TUC General Secretary Frances O’Grady said:
12 July 2017
Commenting on the publication today (Monday) of Laying the Foundations, the first report from the Industrial Strategy Commission, TUC General Secretary Frances O’Grady said: "There is very welcome emphasis on productivity and growth outside of London, and in communities where good jobs are in short supply. We encourage the Commission...
10 July 2017
Commenting on new ONS data published today (Friday), which show declines in manufacturing and construction for the period March to May, TUC General Secretary Frances O’Grady said: “With investment low, and disposable income falling, it’s hard to see where the impetus for stronger growth will come from without government action.
07 July 2017