Pirate FM News

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

Living Standards 'Plummeting' in Cornwall

news_money_exchange.jpg
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
Cornwall traffic

LIVE: Traffic mounts on Cornwall's busiest road

Delays across the A30 ahead of the weekend...

muslims in cornwall

Muslims living in Cornwall: "Terror has no faith"

Islamic Community Centre condemns the London attack

Most read
firefighters and parking 1

PHOTOS: Fire crews struggle to get down Cornish street

It's sparked a parking appeal... and not for the first time!

church lane padstow

Family 'followed' by naked man in Cornish town

Searches in Padstow after he reportedly ran off

Top articles

Casualties cut free after Cornwall crash

Cornwall News: One was treated at the scene near Bodmin

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.

Vehicle hits pedestrians in Newcastle

National News: A vehicle has hit pedestrians outside a sports centre in Newcastle.

UPDATE: Body found on popular Cornish beach

Cornwall News: Police say death at Watergate Bay 'isn't suspicious'

Jeremy Corbyn gets rapturous reception at Glastonbury

Showbiz News: It was a scene that could have come from a Beatles gig in the 1960s.

Teenage girl in 25ft plunge from theme park's gondola ride

World News: A teenage girl has plunged eight metres (25ft) from a halted theme park ride into a crowd of people trying to catch her.

Southampton appoint Mauricio Pellegrino as new manager

Sports News: Southampton have appointed Mauricio Pellegrino as their new manager on a three-year deal.

Top South African ultra-marathon runner Bruce Fordyce robbed of trainers at gunpoint

Strange News: A top South African athlete has been mugged at gunpoint while out on his morning run.

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 Extra Footer LogoEscape 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.