Economic Analysis

In her New Year message published today (Thursday), TUC General Secretary Frances O’Grady calls on government, unions and employers to make 2016 the year we end the two-speed economy – and make sure no workers are left behind. New TUC analysis, published alongside her message, shows that the average weekly...
31 December 2015
Commenting on the latest labour market statistics published today (Wednesday) by the Office for National Statistics, which show annual pay growth slowing to 2.4%, TUC General Secretary Frances O’Grady said: “While it’s good news that employment continues to rise, the slowdown in pay growth is a real cause for concern.
16 December 2015
Commenting on the latest inflation figures published today (Tuesday), which show the Consumer Price Index (CPI) inflation at 0.1 per cent, TUC General Secretary Frances O’Grady said: “Near-zero inflation is not a sign of economic progress. The UK economy still faces significant challenges.
15 December 2015
Commenting on today’s (Tuesday) report by the Resolution Foundation, which says that real pay growth is at risk of slowing in 2016 due to poor productivity performance, TUC General Secretary Frances O’Grady said: “This is a sobering reminder of why low inflation is not a secure basis for a strong...
15 December 2015
New figures on regional economic performance published today (Wednesday) by the Office for National Statistics show that the economy is growing much faster in London than the rest of the UK, says the TUC. However, a large part of the difference in growth rates is accounted for by finance and...
09 December 2015
Commenting on the latest labour market statistics published today (Wednesday) by the Office for National Statistics, which show annual pay growth slowing and pay growth of just 1.2% in the public sector compared to 3.4% in the private sector, TUC General Secretary Frances O’Grady said: “Pay growth was stronger in...
11 November 2015
Commenting on the latest GDP figures published today (Tuesday) by the Office for National Statistics, which show the rate of GDP growth slowing to 0.5 per cent, and manufacturing declining by 0.3 per cent, TUC General Secretary Frances O’Grady said: “We need better balanced growth that delivers secure opportunities for...
27 October 2015
New public sector finance figures published today (Wednesday) by the Office for National Statistics, show that public spending cuts are a failed strategy for reducing the deficit, says the TUC. TUC General Secretary Frances O’Grady said: “The Chancellor is in danger of repeating the mistakes of the last parliament with...
21 October 2015
Commenting on the latest labour market statistics published today (Wednesday), by the Office for National Statistics, which show renewed employment growth, TUC General Secretary Frances O’Grady said: “Renewed employment growth is welcome and while there are still years of lost ground to make up it’s good to see private sector...
14 October 2015
New statistics from the Office of National Statistics published today (Tuesday) show that house prices have increased by 5.2 per cent in the year to August, while wages rose by 2.9 per cent.
13 October 2015

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