26 March 2025
RMT Press Office:
General Secretary Eddie Dempsey said: "The Spring Statement fails to tackle the deep structural problems in our economy.
"Unless there is a fundamental shift in the structure of our economy that redistributes wealth toward investment in our infrastructure, housing, and services, the cycle of falling living standards and shifting wealth to the super-rich and corporations will continue for a generation.
"In Britain today, the idea that if you work hard, you can have a decent life is over.
"For four decades, wealth has been redirected from working-class communities to private corporate interests.
"Nowhere is this more evident than in Britain’s privatised railways.
"Corporate profits have soared while private companies have continuously failed to provide decent services.
"One-third of public spending is handed to outsourcing firms, including those profiting from our fragmented and privatised rail system.
"Labour’s plan to bring rail back into public ownership is a step in the right direction, but it is about having a different kind of ethos and creating a society where people have secure well paid employment, decent public services and a social safety net that catches them if they fall on hard times."
END
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Tagged with: RMT, Eddie Dempsey, Spring Statement, Rachel Reeves
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