Pirate FM News

Keep up to date with the latest news delivered direct to your Inbox.

Living Standards 'Plummeting' in Cornwall

Delicious Submit this page to reddit

7:03am 29th December 2011

It is claimed Cornish families are facing a big drop in living standards.

The GMB Union says wage increases are being cancelled out by soaring food and petrol bills.

It reckons real terms earnings for Duchy workers are down 9% in the last four years. In Plymouth the figure is around 4%.

Richard Ascough GMB Regional Secretary for the South West said, “These figures show that the Government’s strategy for an economic recovery is in tatters as living standards in the region drop by 8%. George Osborne has the economic literacy of a stick of rhubarb.

"Two thirds of the economy is consumer driven and Osborne must be the only person who does not get it. Squeezing wages, pay freezes and cutting jobs will not restart the economy. Using the IMF measures his cuts will reduce real private consumption by 4% and GDP by 3.4% over the next few years.

"I doubt if the electorate had any notion that a change of government would lead to a loss of 376,000 jobs across the UK and 54,000 in the South West, in the public sector, in the short time since the general election. When the ‘same old Tories’ were returned to power they brought with them the same old philosophy that “if it’s not hurting it’s not working.”"

7:03am 29th December 2011

Share This Story

Delicious Submit this page to reddit
Suggested articles

Charity Launches 'Living Home Standard' - Is Yours Up To Scratch?

A third of people living in the south-west say theirs aren't

airport planes

WATCH: Heathrow Expansion "Right Decision For Cornwall"

Newquay airport bosses say it will connect us worldwide

Most read
police tape

UPDATE: Further Remains Found After Discovery Of Human Foot

Police are now searching the stream bed in woods near Truro

police tape

UPDATE: 'Severed' Foot Found Near Truro

A dog walker made the grim discovery in woods

Top articles

WATCH: Fog Warning For Cornwall

Cornwall News: Forecasters says the drive to work could be difficult

Pirate FM Cornwall News Update - 7th January 2016

Cornwall Video News: Officials say they’re holding talks to find new jobs for hundreds of workers in Bodmin.

Candice Brown declared winner of BBC's final Bake Off series

National News: Candice Brown has been crowned champion of the Great British Bake Off, which aired for the last time on the BBC tonight.

Business Cornwall News - Friday, 18th December 2015

Business Cornwall News: Cornwall is spearheading reform of the Uk’s business licensing laws following a a year-long project.

Mamma Mia! ABBA reunite for 'new digital experience'

Showbiz News: Swedish pop group ABBA are to reunite for a "new digital experience" next year, it has been announced.

Apocalyptic scenes in battle against IS for Mosul in Iraq

World News: The oily fog smothers you and it is difficult to breathe. It is mid-afternoon on what should be a sunny day here, but it's dark.

Molina hopes to be handed shot at Joshua

Sports News: Eric Molina hopes to learn whether he will be challenging Anthony Joshua as promoter Eddie Hearn considers new opponents.

Newer article

Military Wives March on America

Cornwall News: Wherever You Are released in States

Older article

Cornwall Tops Bankruptcy List

Cornwall News: The number of people going bankrupt doubles in five years

Cornwall's Pirate FMPirate 2Pirate Oldies on DAB Digital RadioEscape to Cornwall radioLoveCornwall.com - The Cornish Business DirectoryPirate Education and Training


© Copyright Pirate FM

Pirate FM cannot be held responsible for the content of external links.


We Use Cookies

This website uses cookies to store information on your computer.

By using this website you accept the use of cookies as explained in the terms of our cookie policy.