Tories' decision to hold down pay is harming British economy, unions say
Members of the Royal College of Nursing (RCN) on the picket line outside King's College Hospital, London, as nurses take industrial action over pay. Picture date: Wednesday January 18, 2023.
WORKING people are “feeling the squeeze,” the TUC warned today after official figures showed 40-year high inflation is still in double figures.
The union body slammed the government’s ongoing rejection of inflation-matching wage rises, saying the “Tory pay squeeze has sucked the life out of our economy and left us on the brink of recession.”
The charge came after the Office for National Statistics (ONS) said that CPI price rises fell by just 0.4 per cent to 10.1 per cent last month – still the highest rate since 1982.
