© Copyright Acquisition International 2026 - All Rights Reserved.

Article Image - Minimum Wage Workers Will Be Hit by Chancellor’s Cuts, Says TUC
Posted 17th March 2015

Minimum Wage Workers Will Be Hit by Chancellor’s Cuts, Says TUC

TUC General Secretary spoke about new minimum wage rates.

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

Minimum Wage Workers Will Be Hit by Chancellor’s Cuts, Says TUC
Image

Minimum Wage Workers Will Be Hit by Chancellor’s Cuts, Says TUC

Commenting on the announcement today (Tuesday) by the Prime Minister and Deputy Prime Minister of the new rates of the minimum wage that will apply from October 2015, TUC General Secretary Frances O’Grady said:

“For the low paid to get a fair share of the recovery, this was a year in which we could have had a much bolder increase in the minimum wage.

“With one in five workers getting less than a living wage, this is nowhere near enough to end in-work poverty. Britain’s minimum wage workers should be very fearful of the billions of pounds of cuts to government help for the low paid that the Chancellor is planning if re-elected.

“Apprentices will welcome the increase to their minimum wage, which will reduce the shortfall in their minimum pay relative to 16 and 17 year-old employees. But there really shouldn’t be a gap at all. The TUC will continue to call on the Low Pay Commission to recommend a future increase that will match the apprentice rate to that for 16 and 17 year-olds.”

Categories: Strategy


You Might Also Like
Read Full PostRead - Eye Icon
Enhancing Security Measures to Safeguard Your Cryptocurrency Holdings
News
10/07/2023Enhancing Security Measures to Safeguard Your Cryptocurrency Holdings

Enhancing Security Measures to Safeguard Your Cryptocurrency Holdings The substantial increase in cryptocurrency value has not only drawn interest from legitimate investors but also from malicious actors actively seeking vulnerabilities to exploit. Blockchain

Read Full PostRead - Eye Icon
CFO of the Month
Leadership
19/07/2016CFO of the Month

In a special feature interview with Theresa E. Wagler, a highly seasoned professional of Steel Dynamics, she gives fascinating insights into her broad yet vital and fascinating role as CFO of this company.

Read Full PostRead - Eye Icon
CMA Clears BT/EE Merger
M&A
15/01/2016CMA Clears BT/EE Merger

The Competition and Markets Authority (CMA) has cleared BT’s anticipated acquisition of EE. This follows its provisional decision to clear the merger in October 2015.

Read Full PostRead - Eye Icon
9 Fun Ways to Advertise Your Business
News
29/06/20239 Fun Ways to Advertise Your Business

In the ever-evolving world of business, capturing the attention of potential customers is crucial for success. To stand out against the competition, it’s important to look beyond traditional advertising methods and explore fun, inventive ways to promote your

Read Full PostRead - Eye Icon
Alexion’s Acquisition of Synageva
M&A
28/05/2015Alexion’s Acquisition of Synageva

Alexion's Acquisition of Synageva

Read Full PostRead - Eye Icon
How to Prepare for Inflation and Prevent Money Problems
News
16/05/2022How to Prepare for Inflation and Prevent Money Problems

Many people have heard the term inflation. Is it really harmful to your personal budget? Yes, inflation means the cost of things increases, and it can affect all the things you purchase on a regular basis including groceries, fuel, and expensive items. Inflati

Read Full PostRead - Eye Icon
BlackHawk Industrial buys Packaging Inc., Pioneer Tool Supply
M&A
15/04/2015BlackHawk Industrial buys Packaging Inc., Pioneer Tool Supply

BlackHawk Industrial Distribution, a portfolio company of Brazos Private Equity Partners, has acquired Packaging Inc.

Read Full PostRead - Eye Icon
Welltower Completes Acquisition of Premier Seniors Housing Portfolio
Finance
14/10/2016Welltower Completes Acquisition of Premier Seniors Housing Portfolio

Welltower Inc. (NYSE: HCN) today announced it has completed the previously announced acquisition of the Vintage Senior Living portfolio for a purchase price of $1.15 billion.

Read Full PostRead - Eye Icon
How Vendor Due Diligence Protects Your Organization
News
24/02/2025How Vendor Due Diligence Protects Your Organization

Vendors play a crucial role in an organization’s success. They provide essential products and services that offer competitive advantages, access to new technologies, and enhanced quality.   However, these relationships also come with risks that



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have a number of unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow