Working people shouldn't pay price for Government failure

Posted by GMB Admin
Friday 11 January 2019
GMB Trade Union - Working people shouldn't pay price for Government failure

Sluggish GDP shows botched handling of Brexit damaging investment

Working people should not be made to pay the price for Conservative political failures, amid sluggish GDP figures today.

Economic growth slowed to just 0.3% in the three months to November - the lowest for six months.

Meanwhile manufacturing growth has fallen five months in a row now  - the first time this has happened since the global financial crash a decade ago.

GMB says this is further proof we are on the wrong economic path. 

The Government's botched handling of Brexit has already hit shoppers in the pockets and is now damaging investment in UK industries - particularly in manufacturing. 

Today's figures chime with what we are hearing in many workplaces that investment is falling, opportunities are being missed and that workers are uncertain as a result.

To make things worse companies are now having to spend huge amounts of time and money stockpiling because the Prime Minister has recklessly not ruled out crashing out of the EU without a deal. Working people should not be made to pay the price for the political failures of Conservative politicians. 

Neil Foster, GMB Research and Policy Officer

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