GDP figures published on 25 January showing that the UK economy contracted by 0.3 per cent in the last quarter of 2012 were evidence that austerity has failed completely, the TUC said.
'The Chancellor's austerity plan has pushed the UK economy to the brink of an unprecedented triple-dip recession', said Frances O'Grady. 'We are now mid-way through the coalition's term of office and its economic strategy has been a complete disaster.'Read the TUC response @
http://www.tuc.org.uk/economy/tuc-21864-f0.cfm
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