Wednesday 27 March 2013

Triple dip recession looming - UNISON


Commenting on figures from the Office of National Statistics confirming that the economy contracted by 0.3% at the end of 2012, Dave Prentis, General Secretary of UNISON, said:

“Most rational people try something different if what they are doing is simply not working. Osborne is defying rationality by sticking to his failing plan A – a plan that is clearly damaging the economy and driving the country to the brink of a triple dip recession.

“Instead of blaming the weather, he should look in the mirror.   The country needs a credible plan for growth and that means calling a halt to cuts in public services and public service jobs.  


“When jobs are under threat and when millions of public service workers have suffered a pay freeze followed by a pay squeeze, the economy starts to flat line. That’s because people do not have the money to spend in their local shops, cafes or businesses and the high street and local economy is hit hard.”

Ends


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