Monday, 27 July 2009

No green shoots here, says TUC

Commenting on the GDP figures for the second quarter of 2009, published today (Friday) by the Office for National Statistics, TUC General Secretary Brendan Barber said:
'There are no green shoots here. Unemployment is growing and a recovery that brings hope to the jobless looks ever more distant.
'Immediate big spending cuts are the last thing we need. They could tip the economy into an ever deeper downturn and make the deficit worse when the tax take falls and spending on unemployment goes up. With consumers and companies failing to spend, the public sector must fill the gap.'

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