TUC Recession Warning
Posted: September 6, 2008 Filed under: In the News Leave a comment »The TUC has warned the Government it needs to take urgent action to help people cope with the economic downturn. Speaking ahead of the TUC Conference in Brighton next week, General Secretary Brendan Barber said starkly that millions of households were already in recession.
Mr Barber stated that the Unions would continue to pressure for a windfall tax on energy companies. He also criticised the Government over public sector pay and warned of further industrial action before the end of the year.
Mr Barber highlighted the “yawning chasm” between the super rich and the rest of society. He blamed “greedy” bankers and high global demand for oil for the credit crunch.