BREAKING ๐จ๐จ | We've just launched our campaign for a ยฃ15 minimum wage.
Millions of low-paid workers are being pushed to the brink by eye-watering bills and soaring prices.
Yet companies are making record profits and handing massive pay rises to those at the very top.
Higher wages are good for the economy.
More money for working people means more money spent in our high streets.
To get to a ยฃ15 minimum wage, the government needs to:
โช Give working people a fair share of the wealth they create.
โช Set a new minimum wage target at 75% of average pay (currently 66%).
โช Return the UK to normal wage growth.
We've been told for too long that businesses can't afford to pay higher wages.
BREAKING ๐จโก๏ธ| We are now calling for public ownership of energy companies.
The energy cap is expected to increase to ยฃ3,200, up over 150% in just a year.
Public ownership would:
โ Reduce bills
โ Speed up energy efficiency improvements to homes
โ Cut carbon emissions faster
The TUCโs Affordable Energy Plan would keep bills down by:
โ Ending shareholder dividends, making more money available to cut bills
โ Unlocking incentives to make homes energy efficient
โ Enabling pricing structures with much lower costs for basic energy needs
Taking the Big Five energy retail firms into public ownership would cost just ยฃ2.85 billion.
Since June 2021, the UK government has spent ยฃ2.7 billion bailing out 28 energy companies that collapsed.
Itโs time to lift the burden of failed privatisation off families.