Commenting on the publication of trade and manufacturing figures which show sharp declines on the month, TUC General Secretary Frances O’Grady said:
“The sharp falls in manufacturing and exports suggest that the economy is entering tougher times. And with the failure to fix long-term problems, like Britain’s low rates of investment and innovation, the government’s severe spending cuts will put the recovery at even greater risk.
“These are worrying times for working people and their families, who remain hard-pressed after the longest fall in living standards on record. We need a better economic plan for a stronger and fairer economy that works for the many, not just the few.”