Responding to the Spring Statement, Grahame Smith, STUC General Secretary said:
“In the spring statement we witnessed the spectacle of the Chancellor presenting economic failure as success. Living standards across the UK are falling, poverty is rising and our public services are at breaking point. In 2010 we were told that austerity would last five years. We are now into our eighth year, with a Chancellor who is only beginning to talk about ‘the light at the end of the tunnel.’ He has completely failed to grasp the devastation that sustained and severe austerity has inflicted on our public services and on our economy.
“The Chancellor needs to take action now to invest in our public services and to prioritise jobs and inclusive growth. We need a proper and comprehensive industrial strategy, with fair work at its heart, and we must see an end to the public sector pay cap which drives down living standards and supresses growth. Tinkering around the edges with timid proposals on tax that might be implemented in six months’ time, promises on increased spending for the NHS and other public services if recovery is sustained and limited spending promises on skills and training and technological change, simply do not recognise the extent of the problem. With Brexit on the horizon and placing further strain on our fragile economy, there is no room for a Chancellor who is wedded to a failed economic model.
“The Chancellor must stop congratulating himself and instead focus on delivering the investment that our economy so desperately needs.”
For more information please contact Helen Martin on 0141 337 8100