Commenting on the Prime Minister’s launch of the ‘Building Britain’s Future’ document, Grahame Smith, Scottish Trades Union Congress (STUC) General Secretary said:
“The STUC can enthusiastically welcome many of the key policy initiatives announced today. The Government’s explicit recognition that a new model of economic growth must be forged from the embers of the ‘financialised’ economy is particularly encouraging as is the commitment to pursue a proactive industrial policy; a long standing priority of the STUC’s.
“The Government’s commitment to ‘robust regulation’ of the financial sector is intriguing given that the document also repeats obsolete arguments about the value of reducing the ‘red-tape‘. The STUC awaits the Financial Markets white paper with interest.
“Whilst public service workers will welcome the shift away from top-down targets, they will embrace the new entitlements driven approach only if it is sufficiently resourced”.
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