High inflation squeezing pay will mean a tough Christmas for many families, says TUC

17 Nov 2021 01:29 PM

Commenting on today’s inflation figures (Wednesday), which show CPI rising to 4.2% in October – the highest for a decade – TUC General Secretary Frances O‘Grady said:

“With prices rising faster than pay, many families will struggle to keep up with basic living costs, let alone Christmas celebrations. Fuel and electricity costs are soaring, and the Chancellor’s cut to universal credit could not have come at a worse time.

“The government needs an urgent plan to get real wages rising. Trade unions need greater access rights to workplaces to negotiate improved pay. The Chancellor must fully fund real pay rises for public sector workers. And the minimum wage should go to £10 immediately.”