Government must do everything it can to protect Britain from “Trumpflation”, says TUC

Commenting on ONS figures showing zero GDP growth in January 2026, and 0.2% growth in the three months leading to January 2026, TUC General Secretary Paul Nowak said:  

“We always knew that getting our economy back to growth was going to be a bumpy ride - but the government is right to keep investing in infrastructure and stronger public services.  

“The risk now is that Donald Trump’s illegal war in Iran drives uncertainty and unleashes future economic chaos. 

“Working people are facing a new Trump-made cost of living crisis.   

“While household energy bills are stable for now, other costs like petrol and mortgage rates are already rising.  

"The government must do everything it can to shield hard pressed households and firms from Trumpflation.  

“The Bank of England must recognise the pressures the economy is facing, and stand ready to keep cutting interest-rates in the months ahead. 

“This will take pressure off families and businesses up and down the country, lower costs and boost spending.”  

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 5.3 million working people who make up our 47 member unions. We support unions to grow and thrive, and we stand up for everyone who works for a living.