TUC: Government must “stay the course” and use Budget to support living standards.
Commenting on ONS figures showing a GDP growth of 0.1% for the period going from July to September 2025, TUC General Secretary Paul Nowak said:
“Bringing our economy back on track after 14 years of Tory chaos was never going to be straightforward. Cyber attacks on major manufacturers and a volatile international context are not making this job any easier.
“While previous retail sales figures were encouraging, consumer spending is still subdued - the Government should now stay the course and use the Budget as an opportunity to keep supporting living standards.
“More money in people’s pockets will mean more spending on our high streets, more jobs, and stronger growth.
“But the Treasury are not the only actor at play here. The Bank of England needs to cut interest rates as a matter or priority – and end long-standing restraint on families’ and businesses’ finances.”
ENDS
Notes to editors:
- About the TUC: The Trades Union Congress (TUC) exists to make the working world a better place for everyone. We bring together the 5.5 million working people who make up our 48 member unions. We support unions to grow and thrive, and we stand up for everyone who works for a living.
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