Economic Analysis

This quarterly TUC report provides an analysis of UK economic developments over recent months; focuses on the current labour market compared to pre-recession levels; and includes a spotlight feature on productivity since 2008.
31 July 2015
Commenting on the latest GDP figures published today (Tuesday) by the Office for National Statistics, which show the rate of GDP growth at 0.7 per cent, but manufacturing declining by 0.3 per cent, TUC General Secretary Frances O’Grady said: “The government’s economic plan is not delivering what was promised. We...
28 July 2015
Commenting on the latest labour market statistics published today (Wednesday), by the Office for National Statistics, which show rises in unemployment and the claimant count, TUC General Secretary Frances O’Grady said: “Rising joblessness is a reminder that the recovery can’t be taken for granted, especially with youth unemployment still so...
15 July 2015
Commenting on the latest inflation figures published today (Tuesday), which show slight falls with the Consumer Price Index (CPI) inflation at 0.0 per cent and core inflation at 0.8 per cent, TUC General Secretary Frances O’Grady said: “Inflation being so far below target shows that the strength and stability of...
14 July 2015
Commenting on the publication today of the government’s productivity plan, TUC General Secretary, Frances O’Grady said: “Trade unions stand ready to play a positive role in delivering the productivity growth the UK urgently needs. And we call on the government to use the autumn spending review to back this plan...
10 July 2015
Commenting on the publication today (Tuesday) of the latest index of production figures by the Office for National Statistics, TUC General Secretary Frances O’Grady said: “The Chancellor promised a ‘march of the makers’, but manufacturing is still five per cent below its pre-recession peak and is declining again. At least...
07 July 2015
New research published today (Monday) by the TUC has found that London is outperforming other parts of the UK in economic and jobs growth, while the economic recovery is weakest in the North West and Northern Ireland. TUC General Secretary Frances O’Grady said: “We need a recovery that works for...
06 July 2015
New research published today (Thursday) as part of the TUC’s pre-Budget Statement finds that if average earnings had grown in recent years at the same rate as before the financial crisis, they would be 20 per cent higher. This means the average worker would be earning £95 more per week...
25 June 2015
Commenting on the publication today (Friday) of figures showing government borrowing of £16.4 billion in the financial year to date, TUC General Secretary Frances O’Grady said: “Instead of borrowing for investment, this year the Chancellor is likely to borrow three and a half times more than expected to bail out...
19 June 2015
Industrial regions and climate change: towards an industrial strategy for Yorkshire and the Humber, one day conference to be held in Leeds
11 June 2015

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