© 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
Compliance Management: Building a Fortress for Your Business
News
08/07/2024Compliance Management: Building a Fortress for Your Business

Compliance management is all about making sure that employees and businesses follow a set of rules. However, these aren’t just any rules but involve legal, ethical, and professional standards that your industry sets. Non-compliance can lead to serious is

Read Full PostRead - Eye Icon
Why Corporate Social Responsibility (CSR) Matters for Small Businesses and Enterprise
Corporate Social Responsibility
17/03/2023Why Corporate Social Responsibility (CSR) Matters for Small Businesses and Enterprise

Corporate Social Responsibility (CSR) has become a hot topic in recent years, and more businesses recognising just how important creating a positive impact on society and the environment is for them.

Read Full PostRead - Eye Icon
Scaling Up for a Sustainable and Innovative Economy
News
13/01/2025Scaling Up for a Sustainable and Innovative Economy

Scale-ups, a high-growth subset of small and medium-sized enterprises (SMEs), are economic powerhouses that wield significant influence far beyond their relatively small number.

Read Full PostRead - Eye Icon
TRAC Intermodal Acquires Interstar Fleet Services
M&A
01/03/2016TRAC Intermodal Acquires Interstar Fleet Services

TRAC Intermodal completed its acquisition of Interstar Fleet Services, a leading provider of emergency road service repair solutions for the intermodal and commercial trucking industries.

Read Full PostRead - Eye Icon
Why the Project Management Sector Needs a Shake-Up
Innovation
29/10/2024Why the Project Management Sector Needs a Shake-Up

Failing projects result in wasted resources, time and increased risk for companies. They negatively impact staff, customers and clients, costing businesses dearly.

Read Full PostRead - Eye Icon
AIXTRON Acquires PlasmaSi
M&A
15/04/2015AIXTRON Acquires PlasmaSi

AIXTRON a leading provider of deposition equipment to the semiconductor industry, today announced that it has acquired privately held Silicon Valley-based PlasmaSi, Inc. effective April 1, 2015.

Read Full PostRead - Eye Icon
Innovative Crowdsourced Penetration Testing
Innovation
22/07/2019Innovative Crowdsourced Penetration Testing

Penetration testing is supposed to help organizations find and fix vulnerabilities in their systems before criminal hackers can exploit them.

Read Full PostRead - Eye Icon
3 Top Environmental Consulting Companies in 2025
News
21/02/20253 Top Environmental Consulting Companies in 2025

Businesses want answers on how to be the most sustainable in their niche. Many shareholders know the journey to implement eco-friendly practices demands time and attention, so it makes sense that everyone wants to delegate the beginning of this process to an e

Read Full PostRead - Eye Icon
AI Visibility: The Due Diligence Factor Nobody’s Talking About
Technology
05/02/2026AI Visibility: The Due Diligence Factor Nobody’s Talking About

When evaluating an acquisition target, most due diligence teams examine financials, legal exposure, customer concentration, and technology debt. Almost none examine AI visibility. That’s a blind spot that’s about to cost acquirers real money. The H



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