Fragile growth is increasingly dependent on services, says TUC

Commenting on the latest GDP figures published today (Thursday) by the Office for National Statistics, which show overall growth of 0.5% but no growth in manufacturing and construction now in recession, TUC General Secretary Frances O’Grady said:

“It’s a big concern how fragile the recovery still looks, and how unbalanced it is with growth almost entirely dependent on services.

“We need a stronger recovery that’s built to last and that reaches all sectors of the economy. The weakness of manufacturing and construction is no surprise given the government’s lack of a proper industrial policy to boost the economy and protect crucial industries like steel.”

NOTES TO EDITORS:

– All TUC press releases can be found at www.tuc.org.uk
– Follow the TUC on Twitter: @The_TUC and follow the TUC press team @tucnews

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