Responding to reports that government borrowing increased in July, while tax receipts dropped in the same period, UNISON general secretary Dave Prentis said:
It beggars belief that this Tory-led government persists with a cuts and austerity agenda that is patently not working and is doing far more harm than good. This increase in borrowing and declining tax receipts is more evidence that the cuts agenda is the wrong way to go about solving the UK’s economic woes, the stagnating economy is moving the Coalition even further away from its deficit reduction plans.
The government needs to wake up fast to the fact that we need a plan B for real economic growth; that means creating jobs and investing in the public sector to get the economy going once more.
The West Midlands is being particularly badly hit: the recent announcement of the fall unemployment nationally was not mirrored in the West Midlands where unemployment actually went up 7,000 to 235,000.