Government must boost wages to protect demand and prevent recession, says TUC
Commenting on the latest GDP data, which shows GDP falling by –0.1 per cent into the second quarter of 2022, TUC General Secretary Frances O’Grady said:
“Under the Conservative government’s current plans, the Bank of England says that we are heading for a recession.
“Ministers must do much more to get pay rising. We need an early boost to the minimum wage this autumn and pay rises across the public sector that keep up with inflation. This will help protect demand and business confidence.”