Commenting on today’s ONS figures which confirm the UK has technically re-entered recession, Grahame Smith, STUC General Secretary said:
“These are devastating figures for the Coalition Government. The STUC has consistently argued that Government policy is making a bad situation worse and today’s statistics confirm our analysis to be correct. In the UK’s current economic circumstances, austerity is simply not a viable path to stability, growth and jobs. If the Coalition Government does not change track soon, it will inevitably consign the UK’s economy to a prolonged period of stagnant growth and high unemployment”.
Stephen Boyd 0141 337 8100