Unite: ‘Toxic cocktail’ of government failure, underinvestment and Brexit uncertainty to blame for stagnant economy
- Tuesday 10 December 2019
Commenting on Office for National Statistics figures released today (Tuesday, 10 December) that show the economy stagnated in October and over the last quarter, Unite assistant general secretary for manufacturing Steve Turner said:
“These figures demonstrate what workers the length and breadth of the UK already know. The economy is stagnating, thousands of good, skilled jobs are being lost, families and communities devastated and opportunities for young people lost.
“The direct result of a toxic cocktail of on-going government failure and long-term corporate underinvestment. Compounded by continued Brexit uncertainty and the threat of a no deal exit from our largest market at the end of 2020, corporations are not willing to gamble on UK Plc.
“The situation will not improve until we have long-term solutions not short-term fixes. Government must step up to end fears over tariffs, delays and regulatory divergence with the EU, while intervening, investing and providing long-term support to our manufacturing heartlands. That will not happen with Johnson at the helm of a Tory party governing for the rich and the narrow interests of its financial backers.
“Only a Labour government elected on Thursday can offer the vision, direction and action necessary to reignite UK Plc and give corporations and workers the support and opportunities they need to meet the global challenges we face: Delivering a green industrial revolution to tackle the climate emergency and a just transition to new sustainable jobs, shorter working time and a shared economy to support automation, AI and digitalisation of both our workplaces and wider society.
“Only a Labour victory can offer the hope and opportunity necessary to deliver real change, a new politics and a new economy that puts manufacturing back at its heart.”
For more information please contact Unite senior communications officer Barckley Sumner on 07802 329235 or 0203 371 2067.
Unite is Britain and Ireland’s largest union with members working across all sectors of the economy. The general secretary is Len McCluskey.