Economic Analysis

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Commenting on the latest inflation figures published today (Tuesday), which show Consumer Price Index (CPI) inflation now at zero per cent, TUC General Secretary Frances O’Grady said: “Zero inflation is a reminder of how fragile the economy remains. Stagnating prices are not a sound foundation for the strong and sustained...
24 March 2015
Commenting on the publication today (Monday) of the Confederation of British Industry (CBI) report Best Foot Forward, which contains its recommendations for the first 100 days of the next government, TUC General Secretary Frances O’Grady said: “Businesses and trade unions agree on the need to increase capital spending as a...
23 March 2015
Commenting on the publication today by the Institute for Fiscal Studies of their analysis of the Budget, which calls on the Chancellor to come clean on who will be hit by the unprecedented cuts he is planning, TUC General Secretary Frances O’Grady said: “Osborne should come clean to working families...
19 March 2015
A new report, Productivity: no puzzle about it, published today (Thursday) by the TUC, argues that there is a straightforward explanation for low productivity in the UK economy – it is how the labour market has responded to poor economic growth, mainly caused by the government’s austerity economics. TUC General...
05 March 2015
Commenting on the publication today (Friday) of the latest data on public sector finances by the Office for National Statistics, TUC General Secretary Frances O’Grady said: “The poor performance of wages and job quality is the key reason the government’s deficit reduction plans have failed. Today’s statistics suggest that even...
20 February 2015
The government is collecting £33.4bn less in income tax and national insurance than official forecasts suggested because of the lack of earnings growth in the UK, according to independent analysis in The living standards tax gap just got bigger, a report published today (Monday) by the TUC. TUC General Secretary...
16 February 2015
Commenting on the inflation forecast published today (Thursday) by the Bank of England, TUC General Secretary Frances O’Grady said: “This forecast should be a wake-up call to government. The Chancellor has already delivered the slowest recovery in British history along with dramatic falls in living standards. Deflation would be no...
12 February 2015
New analysis published today (Thursday) by the TUC finds that the official growth forecasts based on George Osborne’s economic plans are dependent on household debt growing much faster than pay. The TUC analysis uses forecasts by the Office for Budget Responsibility to compare earnings and household borrowing for the period...
12 February 2015
This quarterly TUC report provides an analysis of UK economic and labour market developments over recent months, and includes a spotlight feature on the composition of current economic growth.
09 February 2015
Responding to analysis of proposals for future public spending cuts published today (Wednesday) as part of the Institute for Fiscal Studies' (IFS) Green Budget, TUC General Secretary Frances O’Grady said: “The IFS analysis shows that if the Conservatives are elected their spending cuts would be deeper than any other party,...
04 February 2015

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