Unite press release

For immediate release: Wednesday 19 April 2023

Inflation figures change nothing for workers

There’ll be no end in sight to the crisis until we tackle the scourge of corporate profiteering.

Commenting on the latest ONS inflation figures released today (Wednesday 19 April), Unite general secretary Sharon Graham said: “These latest inflation figures change nothing for workers. The public are beginning to cotton on that it’s not wage rises driving prices it's rampant corporate profiteering. There’ll be no end in sight to the crisis until we tackle that scourge.

“So while politicians and policy makers snooze at the wheel, Unite’s ongoing fight to win better jobs, pay and conditions continues.”

New Unite research, analysing the FTSE 350 shows how profit margins for the first half of 2022 were 89% higher compared to the same period in 2019.

ENDS

Contact: Ciaran Naidoo 07768 931 315

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Unite is the UK and Ireland’s leading union fighting to protect and advance jobs, pay and conditions for members working across all sectors of the economy. The general secretary is Sharon Graham.