Date of release: Thursday, October 8, 2015

Greenwich CampusOwen Smith MP, the Shadow Work and Pensions Secretary, is speaking at the University of Greenwich to mark the launch of a major report into the potential economic impact of trades unions.

A collaboration between the university's Greenwich Political Economy Research Centre and independent think-tank the New Economics Foundation, the report contends that stronger trades unions with high membership levels could boost the UK economy by up to £27.2 billion.

The launch is free to attend and open to all. It takes place on Tuesday 27 October at the Greenwich Campus, with registration details below.

Working for the economy: The economic case for trade unions was first released in September, coinciding with the second reading of the Trade Union Bill in the House of Commons. The report states that higher wages and salaries will strengthen economic growth, and finds that government policy of weakening unions has helped undermine this potential.

Its conclusions are based on detailed statistical work about the impact of unionisation on wages and growth rates across Europe over the last 30 years.

Other speakers at the event include Mike Clancy, General Secretary, Prospect; Professor Özlem Onaran, a co-author of the report, and the director of the Greenwich Political Economy Research Centre; Andy Prendergast, GMB; Alice Martin, also a co-author of the report, and researcher at New Economics Foundation; Jo Galloway, Unison, and Dr Amanda Sackur, University and College Union (UCU).

Owen Smith MP began his latest role last month, following the election of Jeremy Corbyn as Labour's new leader. One of the rising stars of the party, he spent the first ten years of his career as a BBC journalist, was previously Shadow Welsh Secretary.

The launch takes place between 5pm and 7pm, followed by a wine reception, at Queen Anne Court, Room QA180, Greenwich Campus.

To register via EventBrite:
http://bit.ly/1LvBHob

#collectivevoice

The findings of the report are summarised in this briefing:
http://b.3cdn.net/nefoundation/9ecfcbfae752499f9f_rkm6bex7d.pdf

Full report: http://b.3cdn.net/nefoundation/193112283197b1b167_2im6b4u2z.pdf

To find out more about studying with the university's Business School: http://www2.gre.ac.uk/about/faculty/business

Story by Public Relations