TUC general secretary Brendan Barber used his visit to the University of the West of England to set out a full alternative to government cuts and austerity.
The TUC-sponsored 'March for the Alternative' to cuts and austerity is taking place in London on Saturday 26 March, from Victoria Embankment to a rally in Hyde Park.
The Institute for Fiscal Studies says that measures due to come into place in April 2011 will be equivalent to a loss of £200 per household on average.
Government policy is contributing to toughest livelihood squeeze in decades, says the Trades Union Congress ahead of the Chancellor's budget statement today.
Despite being rescued by taxpayers during the crash, UK banks will avoid paying £19 billion of tax on future profits by offsetting their losses against tax.