GDP: Families and businesses need an investment budget, says TUC

Commenting on today’s (Friday) GDP data, which shows monthly growth of 0.2% and growth of 1.0% in the last 12 months, TUC General Secretary Paul Nowak said:

“The government inherited a stagnant economy with living standards, growth and investment in the doldrums.

“Everyone can see the problems the Tories left behind – skills shortages, crumbling public services and a record number of people out of work with ill health.

“Families and businesses need a fresh start.

“This month’s budget is an opportunity to turn the page and unleash a new era of growth. The Chancellor can deliver the capital investment that will help us repair and rebuild this country.”