© 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
How AI Impacts Mergers And Acquisitions
M&A
12/05/2023How AI Impacts Mergers And Acquisitions

In the fast-changing world of business, mergers and acquisitions (M&A) have become a crucial tool for growth and competitive advantage. As technology advances, artificial intelligence (AI) is playing an increasingly significant role in shaping the M&A landscap

Read Full PostRead - Eye Icon
Ways to Safely Manage and Recycle E-Waste
Innovation
02/02/2023Ways to Safely Manage and Recycle E-Waste

As technology is rapidly evolving, more and more new devices and gadgets are being released almost every day. While the new invention is a step forward, we’re accumulating more e-waste than we can handle.

Read Full PostRead - Eye Icon
3 Business Benefits of Transitioning to the Hybrid Cloud
Innovation
26/07/20223 Business Benefits of Transitioning to the Hybrid Cloud

Cloud computing is becoming more popular as it assists companies in processing large volumes of data, allowing them to adapt quickly and cater to the business’s and its employees’ ever-changing needs. It also facilitates global deployment, paving the way f

Read Full PostRead - Eye Icon
Leading Corporate Finance Management Firm of the Year – Kent
Finance
05/08/2022Leading Corporate Finance Management Firm of the Year – Kent

Unlike many of its competitors, which focus on numbers, Chantler Kent Investments focuses on finding out what its clients want to accomplish during their lifetime and builds profitable portfolios with dreams in mind.

Read Full PostRead - Eye Icon
CEO of the Year – New Jersey
Innovation
02/02/2016CEO of the Year – New Jersey

The Macaluso Group (“TMG”) is a technology and data driven company focused on pioneering co-pay and financial payment solutions.

Read Full PostRead - Eye Icon
Creating an Effective Crisis Communication Plan in 2024
News
15/04/2024Creating an Effective Crisis Communication Plan in 2024

Having a solid crisis communication plan is determining for organizations In today’s business climate. With only 49% of U.S. companies possessing a formal plan in 2023, it became increasingly evident that businesses need to be prepared for worst-case sce

Read Full PostRead - Eye Icon
Ingenious IP Lawyer
Legal
18/01/2021Ingenious IP Lawyer

The murky world of Intellectual Property is hotly contested, with many law firms handling portfolios on a client’s behalf. As we look once again to those lights of the legal profession, we turn to Santiago R. O’Conor, the Leading Intellectual Property Pros

Read Full PostRead - Eye Icon
How to Identify and Prevent a Cyber Attack
Innovation
13/01/2023How to Identify and Prevent a Cyber Attack

Cyber threats and risks are evolving at an increasingly rapid scale. Businesses everywhere are failing to react quickly enough to malicious cyber attacks, and as such, they can suffer irreparable damage to finances, systems, data and reputation.

Read Full PostRead - Eye Icon
Modern Business Models You Need to Know
News
06/01/2022Modern Business Models You Need to Know

Remember when the only way to shop was in person? Excluding catalog shopping, going to the store was the only way to shop. But as time passed, something started to change. Innovation took hold and revolutionized the way we do just about everything. Business mo



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