‘Pre-election gimmicks’: How trade unions reacted to the Budget
From missed opportunities to ‘Tory hot air’, trade unions weigh in on the Spring Budget announcements
From missed opportunities to ‘Tory hot air’, trade unions weigh in on the Spring Budget announcements
Tories devastating record set to continue unless Budget delivers ‘desperately needed measures’ to recover living standards
“The evidence points to a significant long-run output cost of Brexit,” the economists at Goldman’s wrote.
“These figures are further evidence that the economy is not working under the Conservatives and working people are worse off.
The think tank’s latest Green Budget reports warns that ‘high levels of indebtedness, failure to stimulate growth, and high borrowing costs’ are likely to lead to a protracted period of high taxes and tight spending.
“Another dismal day for growth in the UK economy. Appalling Tory decisions (and failures to make decisions) have left us stuck in a low growth, high tax trap.”
“Until policy-makers stop attacking wages and take on the corporate profiteers there will be no end to this cost-of-living crisis.”
Among the factors affecting the UK’s economic performance are high gas prices, rising interest rates and a sluggish trade performance.
The UK will be the worst performing economy of any nation in the developed world apart from Russia in 2023
The finance industry is the only one that regularly needs to be bailed out by taxpayers