Commenting on today’s (Friday) GDP figures, which show GDP growth at zero in the three months to January, TUC General Secretary Paul Nowak said:
"To fix the economy the government needs to get on with fixing pay. Pay cuts have forced families to cut their spending. And that means businesses have fewer customers. The Chancellor must put pay rises at the heart of next week’s budget. It’s the fuel in the tank that our economy needs to get moving again.
“The other thing holding back our economy is Conservative cuts to our public services and infrastructure. If we want a stronger economy, we need stronger public services. We need healthcare, childcare, education, and transport systems that meet the needs of working families and businesses. This is the big credibility test for the government’s economic plans.”
The TUC’s budget submission called on the government to boost pay, deliver plans for strong public services and fair taxation, and protect families from the cost of living emergency. Specific recommendations include:
The full set of recommendations is here.
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