Workers must get a fairer share of company profits in their pay, says TUC

Commenting on today’s (Wednesday) labour market figures, which show real wages falling by 0.5% and in decline for the ninth month in a row, TUC General Secretary Frances O’Grady said:

“Companies have been reporting healthy profits for the last year. But they are not passing on a fair share of profits to their workers.

“The government must raise the minimum wage to £10 as quickly as possible. And hardworking teachers, midwives and other public servants must get a proper pay rise after years of artificial pay restrictions.”

ENDS

Notes to editors:
- The Trades Union Congress (TUC) exists to make the working world a better place for everyone. We bring together more than 5.5 million working people who make up our 49 member unions. We support unions to grow and thrive, and we stand up for everyone who works for a living.

Tim Nichols
tnichols@tuc.org.uk
020 7467 1388
078 0876 1844

TUC press office
media@tuc.org.uk
020 7467 1248