TUC pushes for pay rises
Firms may be more inclined to seek employment law
advice as one major group pushes for pay rises across the UK.
Deputy general secretary of the Trades Union Congress (TUC) Frances O'Gradywill emphasised that living costs are rising, but people's income is not.
"Thanks to the increase in VAT, real wages this year are likely to be no higher than they were in 2005. It's clear these are hugely difficult times for working people," she explained.
Ms O'Gradywill highlighted that 2011 will be a "horrible year" as job losses take hold and price rises cause yet further strain on household finances.
Speaking at an event entitled The Pay Challenge in 2011, she highlighted that a vicious circle of decreased spending and sluggish demand could well ensue.
The TUC recently responded to January's inflation figures, saying that they show just how unfair the country has become.
Published on: February 15, 2011
Did you like this article? Share it!