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UK Growth Grinds To Halt

Friday, April 27, 2018

 

GMB CALLS FOR ACTION AS UK ECONOMIC GROWTH GRINDS TO A HALT

Polling shows the public expect a recession within the next 2 years.

GMB, Britain’s general union, has called on the Government to 'get it's act together' as ONS figures released this morning showed GDP struggling at just 0.1% growth in the first quarter of 2018. 

Recent polling by Survation on behalf of GMB shows more than half of those questioned expect the UK to slip into recession within the next two years. [1]

Tim Roache, GMB General Secretary, said:

“UK growth has ground to a halt. The Government needs to get it's act together and accept that austerity hasn't worked, nor has any strategy Ministers might claim to have for Brexit. 

“Alarm bells should be ringing when years of cuts that have caused untold misery and brought public services to their knees result in this paltry rise in GDP.

“GMB polled people recently to see how the electorate feel about the state of the economy, half of those we spoke to believed we're heading into recession in next two years. That's hardly a ringing endorsement of Government policy. 

“We need significant investment in the UK economy now to boost confidence and jobs with an approach to Brexit that is led by UK jobs and industry, not Cabinet squabbles.”

ENDS

Contact: GMB Press Office on 07958 156846 or at press.office@gmb.org.uk

Notes to editors:

[1] Survation interviewed 1,038 people online on 7th-8th March 2018. Data were weighted to the profile of all UK adults aged 18+. Survation are a member of the British Polling Council and abide by their rules.

Contact GMB Press Office for full results

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