© 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
Aeromark and Wolseley UK Announce Successful Integration for Aeromark’s new Smarter Parts Solution
Innovation
18/07/2016Aeromark and Wolseley UK Announce Successful Integration for Aeromark’s new Smarter Parts Solution

Aeromark, one of the UK's leading Service Management Systems, has announced it has successfully completed a full integration of its Optimatics Service Management Software with Wolseley UK as part of its unique 'Smarter Parts' module.

Read Full PostRead - Eye Icon
Evi Papacleovoulou: Shaping Legal Practice in Cyprus
News
17/11/2025Evi Papacleovoulou: Shaping Legal Practice in Cyprus

Cyprus’s legal landscape is constantly evolving, shaped by jurisdictional nuance and international demands. Papacleovoulou is a legal firm operating within this space, with a focus on clear, legal guidance and long-standing client relationships. At the centr

Read Full PostRead - Eye Icon
Turnaround Management and Corporate Renewal
Finance
06/06/2016Turnaround Management and Corporate Renewal

Loughlin Management Partners + Co (“LM+Co”) provides comprehensive services to support client companies including interim management, value creation and performance improvement, restructuring and turnaround advisory, and corporate finance.

Read Full PostRead - Eye Icon
Three Entrepreneurs Who Take Sustainability Seriously
Corporate Social Responsibility
15/11/2016Three Entrepreneurs Who Take Sustainability Seriously

In the past year, sustainability has been a growing topic of interest for businesses around the world. With the Paris Agreement fresh on people’s minds, environmental sustainability is no longer a thing of moral grounds, something simply to work towards in t

Read Full PostRead - Eye Icon
Format-3 Secures Over $100 Million for Tech Start-Ups Through Innovation Accelerator 
Finance
28/04/2025Format-3 Secures Over $100 Million for Tech Start-Ups Through Innovation Accelerator 

Pioneering digital product studio, Format-3, has​​ supported the raise over ​​$100 million for tech start-ups over the last ​​2 years alone through its unique incubator model - innovation accelerator. 

Read Full PostRead - Eye Icon
8 Tips For a Budget-Savvy Office Redesign
M&A
01/07/20228 Tips For a Budget-Savvy Office Redesign

The office space motivates team members to deliver their best during the workday if the design inspires them. If the office seems dull and dreary, the workers might be too. Realizing the office needs a change is the first step to a beautiful redesign.

Read Full PostRead - Eye Icon
Giving A Personal Touch to Clinical Trials
Innovation
01/03/2018Giving A Personal Touch to Clinical Trials

GlobalCare Clinical Trials brings over 100 years of experience in the clinical trials and home healthcare industries supporting over 400 studies in over 50 countries by effectively delivering high quality and convenient clinical trial services in the home or a

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
The Pros & Cons of Employee Stock Ownership Plans
Finance
02/03/2016The Pros & Cons of Employee Stock Ownership Plans

An Employee Stock Ownership Plan and Trust (ESOP) can produce greater commitment and productivity from employees and, in turn, greater fair market value of a corporation, provided that employees understand how their work affects the creation of such value.



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