Labour Research June 2020

News

Recovery report

A new TUC report sets out how the UK can recover from the coronavirus economic crisis, stop the despair of mass unemployment and set working families on a path to prosperity.

It comes with evidence showing how the fastest recoveries from economic crises in UK history were based on investment for growth — not cuts to services, deregulation and tax breaks for millionaires and bosses.

Its “investment for growth approach” calls for action in six key areas: fairer employment relationships, a higher minimum wage and new collective bargaining rights; economic stimulus for a just transition to net zero carbon, with modern tech and training in new skills; reforms for a real social security safety net and a job guarantee scheme; rebuilding public services; more action to ensure equality at work; and international solidarity.

https://www.tuc.org.uk/sites/default/files/2020-05/TUC%20Report%20%27A%20Better%20Recovery%27.pdf