- My Account
- Logout
- Register
- Login
TUC chief calls for fairer society
Related Articles
30 January 2008
Brendan Barber said 2009 had to mark a "decisive turning point" towards a more balanced economy delivering sustainable prosperity.
In his New Year message, Mr Barber said it would be a "grim year", with unemployment set to rise every month, making it more difficult for disabled workers and parents of young children to find work.
Ministers should make it a top priority to make the recession as short as possible and develop a proper policy response to mass unemployment, said the TUC general secretary.
But he added that, as well as making sure mistakes that led to the financial collapse are not repeated, the Government should make sure the UK emerges from recession with a fairer, greener and more sustainable economy.
"The Government must be prepared to take further bold action to counter the recession and to save jobs.
"The roots of this recession lie in the failure of the finance and banking sectors, and while the Government deserves praise for setting the international pace on the bail-out of banks, we do not yet have a banking system that is truly serving the interests of business or household borrowers.
"Banks are putting building up their own balance sheets and paying back Government loans as their top priorities. But they also still hold high levels of toxic debts which prevent them from dealing with other banks in a normal way.
"The Government and the Bank of England must therefore consider injecting even more support into the financial system to get credit flowing again."
Mr Barber said the Government could not be expected to come to the aid of every company facing difficulties but he argued that short-term assistance should be given to firms in sectors vital to the future of Britain.
Top stories in News in brief
News in brief in Pictures
Top stories in News in brief
News in brief in Pictures
-
London gets ready for the Diamond Jubilee - in pictures
-
EXCLUSIVE: I won't play with Joey Barton, says Adel Taarabt
-
Diamond Jubilee: Boat by boat, here is where to watch the Queen's Thames flotilla - VIDEO
-
Duchess of Cambridge is pretty in pink at her first Buckingham Palace garden party
-
News pictures of the day
-
‘We will form a human barricade to keep missiles off our homes’
-
Hunt-ed: Labour pile on pressure for Culture Secretary - Immigrant robber faces deportation after knifepoint hold-up on train
-
Diamond Jubilee: Boat by boat, here is where to watch the Queen's Thames flotilla - VIDEO -
Hague: Military involvement in Syria would be on much larger scale than Libya
The O2
Check out the cool stuff happening under our tent such as the hottest gigs, comedy, sport, films, clubs, bars, restaurants and much more.
A home to be proud of with Halifax
Download the Halifax's brilliant, free new Home Finder app, and take all the pain out of finding your dream home.
Can you imagine a career in teaching?
Be inspired to teach - let real teachers show you how rewarding the job can be.
Playing a game-changing role during the Games
Cisco is providing the solutions for London 2012's complex IT needs.
Win a Silverstone track day with Zantac 75
Feel the burn of a different kind - 20 Silverstone motoring experiences to be won
Celebrate with MARTINI®
This weekend toast one royal with another and make your Jubilee sparkle with a MARTINI Royale.
Reader Offers email A fantastic selection of
offers, giveaways and
promotions.
Why I think doctors are right to strike
Family pay tribute to the London man who gave his life to save a five-year-old girl from drowning
Eton schoolboys fly Games flag on Everest
Horror on the 5.53! Commuter dragged 200 feet after getting hand trapped on train
Shrimpy's - review