ICTU to invest in economic unit

THE Irish Congress of Trade Unions is to invest more than €300,000 per year for at least the next five years in a specialist economic unit.

For the past year, the union has been considering the establishment of a body which will offer a co-ordinated union position on the economy.

“Our view is over the last 12 months our predictions (about the economy) have been borne out,” said an ICTU source.