Unions slam UK austerity measures

The Scottish Trades Union Congress (STUC) representing members from 37 trade unions, published a report on Sunday about the Conservative and Liberal Democrat coalition’s performance since 2010.

According to the study, called “Yes, the time has come to say ‘we told you so'”, the British government has failed to show that its austerity measures were unavoidable while its slogan “We’re all in it together” had proved untrue.

“Growth forecasts have been consistently revised down. Private-sector jobs growth has been weaker, public-sector job losses higher and business investment much lower than anticipated,” said the report.

“Ministers might seek to blame this appalling story on external factors but the facts suggest that they must look much closer to home to identify the problem.”

A spokesman for the STUC said, “We believed the decision to force rapid austerity on a weak economy was unnecessary and irresponsible.”

Insisting that the public still backed the government’s hard-line economic strategy, The UK Chancellor George Osborne on Friday warned that abandoning austerity would leave Britain vulnerable to the financial markets.

However, the shadow chancellor, Ed Balls, said the chancellor’s approach was failing, saying, “George Osborne is once again preaching austerity as the only solution, even though it is not working in Britain or the euro area.”

SSM/MF/HE

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