Economic Issues

A snapshot of the regional economy following the vote to leave the European Union
17 November 2016
Commenting on the latest labour market data published today (Wednesday) by the Office for National Statistics, which show pay rising by 2.4%, but higher inflation bringing real wages increases down to 1.7%, TUC General Secretary Frances O’Grady said: “Real pay growth is the slowest it’s been since early 2015. Wages...
16 November 2016
To demonstrate its commitment to a country that works for everyone, Government should: ensure that working people don’t pay the price of Brexit; stabilise the economy and deliver more sustained and balanced growth through investment in infrastructure and public service; reform the economy to deliver a sustainable increase in better...
16 November 2016
New analysis published today (Wednesday) by the TUC reveals that the UK ranks towards the bottom of OECD countries for capital investment in important areas of economic development.
16 November 2016
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
The TUC has responded to reports today (Tuesday) that the government may consider a voluntary approach to workers on boards by encouraging the Prime Minister to see her pledge through. Seeing through her policy without watering it down is a test of the Prime Minister’s commitment to an economy that...
08 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
In a landmark case over workers’ rights , an employment tribunal has ruled that two drivers for cab-hailing firm Uber are entitled to holiday pay, paid rest breaks and at least the National Minimum Wage. The GMB union which has done much to shine a light on employment conditions at...
31 October 2016

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