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08-Sep-08 11:30 [Pay and Reward]
TUC: Growth must be prioritised The Trades Union Congress (TUC) has stated that the UK is in need of new economic policies to stimulate financial growth in the face of the economic downturn.
In a statement, the organisation stated that the economy was faced with a "toxic combination of credit crunch and rising inflation" and although the slowdown is not Britain's fault, the "government must respond" to the downturn to make sure is does not get worse.
He added that it was their duty to help workers gain money through the use of tax cuts, particularly on property renovation to help the construction downturn, as well as the tax bills of "ordinary families" such as a drop in VAT.
The TUC added: "Trade unions are not soft on inflation.
"Our members are its victims. But the big threat now is recession."
It was reported on Sunday that the TUC's general secretary Brendan Barber stated his belief in taxing workers at least 32 per cent if they earned over £100,000 a year.
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