TUC – working people are paying the price for Tory failure on growth
- Today’s GDP figures show falls in household, government and business spending
Union body warns that UK is “teetering on the brink of recession”
Commenting on today’s (Friday), GDP figures, which show zero growth in the third quarter of 2023, TUC General Secretary Paul Nowak said:
“Working people are paying the price for Tory failure.
“Today’s dismal growth figures – with household, government and business spending all falling – is yet more evidence of their economic mismanagement.
“The outlook is bleak. The UK is teetering on brink of recession with unemployment rising and no real green shoots on the horizon.
“We can’t go on like this. Jobs and livelihoods are on the line.
“We need a serious plan for jumpstarting our stagnant economy. That means a proper industrial strategy and investment in green infrastructure and public services.
“And this means a change of government.”