Chancellor’s spending plans ‘are toxic’, says TUC

<p>The TUC has described the chancellor’s spending plans as toxic.</p>

The Trades Union Congress (TUC) has stated that chancellor of the exchequer George Osborne revealed "toxic" spending plans earlier in the week.

Frances O'Grady, general secretary of the TUC, explained the last thing the economy needs at the moment is more cuts.

"When the medicine is not working and side effects are choking the patient you need a change in treatment not more of the same," she said.

However, new data released by the Office for National Statistics showed the UK did not experience a double-dip recession after all, although the initial contraction of the economy was much worse than previous estimates had suggested.

Commenting on the spending review unveiled in parliament by Mr Osborne this week, shadow chancellor Ed Balls stated that the government has achieved a "comprehensive failure on living standards, growth and on the deficit too".

He pointed out that in 2015 there will be a deficit of £96 billion, while the coalition had pledged to bring this figure under control.

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