Economic Analysis

Download TUC submission to the 2016 Autumn Statement (PDF) The debate on the referendum exposed stark divisions across the country, in wealth, prospects and security. The divisive nature of the debate both before and after the referendum also threatens to stoke tensions around national identity and immigration, driving people further...
15 November 2016
Commenting on the latest inflation figures published by the Office for National Statistics today (Tuesday), which show Consumer Price Index (CPI) inflation at 0.9% in October, TUC General Secretary Frances O’Grady said: “With inflation remaining higher, and pay growth slowing, gains in living standards could soon grind to a halt...
15 November 2016
Commenting on today’s (Thursday) warning from the Bank of England of higher inflation and lower wages, following the fall in value of the pound, TUC General Secretary Frances O’Grady said: “The Chancellor should use the Autumn Statement to protect jobs and wages, with new investment in infrastructure like roads, rail,...
03 November 2016
Commenting on today’s (Wednesday) warning from the CBI that growth will fall next year due to uncertainty over Brexit, TUC General Secretary Frances O’Grady said: “A fall in growth would leave workers paying the price through fewer jobs and lower wages.
02 November 2016
New official figures published today (Wednesday) by the Office for National Statistics (ONS) show that workers in the North West are still £35 a week worse off than they were before the financial crash, according to the TUC. The ONS figures show that in 2016 real wages in the North...
28 October 2016
This morning (Monday), the General Secretary of the TUC, Frances O’Grady, will set out her priorities for working people, and for Brexit, in a keynote speech to the TUC Congress 2016.
12 September 2016
More than a million families with a household income below £30,000 are in extreme debt, and ongoing wage stagnation is making the problem worse, according to a new report published today (Tuesday) by the TUC and UNISON.
23 August 2016
Executive summary It is now over eight years since the onset of the global financial crisis and the Great Recession. Private indebtedness is widely understood as a major underlying cause of the crisis, as high-risk loans and sub-prime mortgages fatally undermined the stability of major financial institutions. While there has...
23 August 2016
Commenting on the decision today by the Bank of England’s Monetary Policy Committee to cut interest rates to 0.25% and expand its quantitative easing programme, TUC General Secretary Frances O’Grady said: “The Bank is right to respond quickly to the early signs of trouble for the economy following the Brexit...
04 August 2016
Commenting on the publication today (Wednesday) of survey data by Markit, which indicates output falling in July across a combined index for services, manufacturing and construction, TUC General Secretary Frances O’Grady said: “Action from the Bank of England to help keep the economy moving will be welcome. But with interests...
03 August 2016

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