Public spending

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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 (Friday) by the Office for National Statistics of the latest public sector borrowing figures, which suggest the deficit will be nearly three times larger than the Chancellor’s original target for this year, TUC General Secretary Frances O’Grady said: “With gobsmacking audacity, the Chancellor claimed this...
20 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
The TUC’s Budget statement published today (Sunday) warns that George Osborne’s proposals for a new round of austerity after the election, even more extreme than the last, will set growth back years. TUC General Secretary, Frances O’Grady said: “George Osborne has given us failure on growth, failure on wages, and...
15 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 East Coast Main Line private contract which starts today (Sunday) TUC General Secretary Frances O’Grady said: “It is disappointing to see East Coast in private hands after five years of public sector success. The government’s decision to re-privatise the line, awarding the contract to Stagecoach and Virgin,...
01 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 taxpayer is footing the bill for private train companies who then pay out millions of pounds to shareholders, says the TUC in response to today’s (Monday) report by the Office of Rail Regulation (ORR). The ORR report shows that the government / taxpayer continues to be a net funder...
16 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

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