Introduction: UK workers are facing “two decades of lost living standards”
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UK workers are facing “two decades of lost living standards”, the country’s trade unions warns today, as the spectre of soaring inflation and spending cuts loom.
Following the defenestration of the mini-budget yesterday, the TUC are telling ministers they have ‘no mandate’ for cutting pay and services, after chancellor Jeremy Hunt said he faced ‘decisions of eye-watering difficulty’.
The Trades Union Congress, whose 154th annual meeting begins in Brighton today, are warning that the Conservatives are “toxic” for the economy, and that a proper strategy to help lift wages and improve public services is needed.
TUC general secretary Frances O’Grady, will warn that working families “have been pushed to breaking point” after the “longest wage squeeze since Napoleonic times”.
O’Grady has set the scene, telling Radio 4’s Today Programme that working people must not pay the…