Economic Issues

The TUC is calling on the government to respond to the migration figures published today (Thursday) by the Office for National Statistics with immediate action to better manage migration. TUC General Secretary Frances O’Grady said: “The TUC has published a set of practical solutions that the government can quickly put...
25 August 2016
More than a million families with a household income below £30,000 are in extreme debt, and ongoing wage stagnation is making the problem worse, according to a new report published today (Tuesday) by the TUC and UNISON.
23 August 2016
Executive summary It is now over eight years since the onset of the global financial crisis and the Great Recession. Private indebtedness is widely understood as a major underlying cause of the crisis, as high-risk loans and sub-prime mortgages fatally undermined the stability of major financial institutions. While there has...
23 August 2016
Download Low Pay Commission Inquiry 2016 - TUC response (PDF) This paper sets out our evidence to the Low Pay Commission’s summer 2016 inquiry. Our submission examines: The current economic situation and the prospects for 2017, which is the period that the LPC’s next recommendations will cover. The case for...
18 August 2016
Record employment and high profits show that employers can afford a national minimum wage increase, according a submission to the Low Pay Commission by the TUC published today (Thursday).
18 August 2016
Commenting on the release of ONS labour market figures, showing that employment grew in the period leading up to the EU vote in June, TUC General Secretary Frances O’Grady said:
17 August 2016
Commenting on the latest inflation figures published today (Tuesday), which show Consumer Price Index (CPI) inflation up to 0.6% in July from 0.5% in June, TUC General Secretary Frances O’Grady said:
16 August 2016
The Trade Union Share Owners group (TUSO) has submitted a resolution to the Sports Direct AGM calling for an independent review of their widely criticised employment practices, which have led MPs to compare the company to a ‘Victorian workhouse’.
05 August 2016
Commenting on the decision today by the Bank of England’s Monetary Policy Committee to cut interest rates to 0.25% and expand its quantitative easing programme, TUC General Secretary Frances O’Grady said: “The Bank is right to respond quickly to the early signs of trouble for the economy following the Brexit...
04 August 2016
Commenting on the publication today (Wednesday) of survey data by Markit, which indicates output falling in July across a combined index for services, manufacturing and construction, TUC General Secretary Frances O’Grady said: “Action from the Bank of England to help keep the economy moving will be welcome. But with interests...
03 August 2016