Commenting on today’s (Thursday) ONS figures showing quarterly GDP growing by 0.7% in Q1 2025 compared to the previous quarter, and 0.2% in March 2025, TUC General Secretary Paul Nowak said:
“It is good news for workers and businesses that GDP improved earlier this year.
“The job of securing strong future growth is far from over.
"A fully funded industrial strategy – one that delivers good jobs across the country – is key for ongoing progress.
“And it is vital that everyone keeps playing their part.
"The Bank of England should accelerate cutting interest rates as a matter of priority, boosting confidence and helping businesses and families to spend and invest.”
- 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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