Revised GDP figures lay bare damage to economy says TUC
“Today's figures lay bare the damage caused by the government's austerity programme. The Chancellor has steered the UK back into a double-dip recession for the first time in 40 years, with falling living standards continuing to depress consumer spending.
date: 28 June 2012
embargo: For immediate release
Commenting on the revised gross domestic product figures published today (Thursday) by the Office for National Statistics, TUC General Secretary Brendan Barber said:
'Today's figures lay bare the damage caused by the government's austerity programme. The Chancellor has steered the UK back into a double-dip recession for the first time in 40 years, with falling living standards continuing to depress consumer spending.
'This is not how you secure an economic recovery. Continuing with self-defeating austerity is not only choking off recovery but also risks causing permanent long-term damage to the UK economy. A new plan based on investment and jobs is more vital now than ever.'
NOTES TO EDITORS:
- All TUC press releases can be found at www.tuc.org.uk
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Contacts:
Media enquiries:
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