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THE government should raise the pay of key workers to help accelerate Britain’s economic recovery from the Covid-19 crisis, the TUC said today.
Britain’s gross domestic product (GDP), a measure of the size of the economy, fell by 1.5 per cent between January and March as lockdown took its toll, according to the Office for National Statistics.
Despite performing better than expected due to a small recovery softening the blow in March, the first-quarter GDP was still 8.7 per cent below pre-pandemic levels.
TUC general secretary Frances O’Grady said: “The last month has shown some signs of recovery. But there is still a long way to go, especially in the hardest-hit industries.
“The government should step in to help the recovery gain speed and build the confidence of employers.
“A sure and fast approach is to give key workers the pay rise they have earned. With more money in their pockets, their spending will help businesses recover faster.”