From the TUC

Economics

The TUC publishes regular expert analysis of the UK economy and our place in the world.

An economic and social audit of the ‘City’

19 Jul 2017, by in Economics

As its many champions constantly tell us, the City provides huge benefits to our economy in the form of contribution to GDP, tax take, balance of payments, employment and usage of financial services by UK households. This is undoubtedly true. But, the Financial Inclusion Centre’s new report for the TUC shows, set against that are…




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Can increased public spending pay for itself?

07 Jul 2017, by in Economics

Since the election, we’ve seen several proclamations of the ‘end of austerity’. As TUC post election poll (among others) has showed, there is now a clear majority in favour of ‘Maintaining decent public services even if that means my taxes go up’. This is a far cry from some of the rhetoric during the election…




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Bank warns consumer credit is a “pocket of risk that warrants vigilance”

28 Jun 2017, by in Economics

Tackling the symptoms of the consumer credit boom without addressing the causes risks exacerbating the living standards crisis. Consumer credit was prominent in the yesterday’s assessment of financial stability by the Bank of England. Up front a chart shows the accelerating growth in various measures of credit (red yellow green) against slowing growth in nominal…




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UK welfare benefits fall short of international standards

15 Jun 2017, by in Economics

Within hours of the General Election, the government was held to account on the international stage for the failings of the UK welfare system – with worker reps from Sweden, France, Australia, the International Transport Federation all calling on the UK government to bring UK provision into line with international minimum standards. The International Labour…




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