© 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
Financing Gap For Female Entrepreneurs Widens By 78% Since The Rose Review in 2019
Finance
25/04/2024Financing Gap For Female Entrepreneurs Widens By 78% Since The Rose Review in 2019

The financing gap between men and women for government-backed Start Up Loans has widened by 78% since the Alison Rose Review was published in 2019 - an independent review of female entrepreneurship in the UK commissioned by the Treasury.

Read Full PostRead - Eye Icon
All Your Currency – In Our Superapp!
News
15/06/2023All Your Currency – In Our Superapp!

Sydney-based company Bano SuperApp (Bano) allows customers to spend, pay, save, and invest, all from one virtual account. Designed for millennial and gen-z clients, the Bano superapp features a range of local, and global, financial offerings on one integrated

Read Full PostRead - Eye Icon
How to Raise Your Business Reputation When You Are On a Budget
News
26/07/2021How to Raise Your Business Reputation When You Are On a Budget

Running a business operation comes with a range of different challenges. One of the most common hurdles involves dealing with your company’s reputation and how to raise it. Fortunately, there are many things that you can do to build your brand, especially if

Read Full PostRead - Eye Icon
Giving Healthcare A Helping Hand
Innovation
14/01/2021Giving Healthcare A Helping Hand

Beginning life in the United Kingdom back in 1998, DC Risk Solutions was formed to provide an insurance solution for high severity, low frequency medical claims. Now, more than two decades on, the firm has released its latest product, Integrated Payor Solution

Read Full PostRead - Eye Icon
Simple, Seamless, and Stress-free Business Sales
M&A
03/11/2022Simple, Seamless, and Stress-free Business Sales

Are you looking to sell your business? Lion Business Brokers can ensure that you and your business move throughout the sales process without a hitch, offering you premium services that are supplied by its team of industry experts.

Read Full PostRead - Eye Icon
How Machine Learning is Changing Data Management and Investment Processes for Active Managers
Innovation
29/11/2019How Machine Learning is Changing Data Management and Investment Processes for Active Managers

AI and Machine Learning techniques are finding their way into financial services. Ranging from operational efficiencies to more effective detection of fraud and money-laundering, firms are embracing techniques that find patterns, learn from them and can subseq

Read Full PostRead - Eye Icon
Digital Bank of the Year – Europe
Finance
08/06/2022Digital Bank of the Year – Europe

The world is embracing a host of new technologies and the banking industry is no exception. First Investment Bank, Fibank, offers an innovative and customer-oriented solution that has become one of the leading institutions in the country in card business and i

Read Full PostRead - Eye Icon
Why does enterprise asset management matter?
News
12/01/2022Why does enterprise asset management matter?

Enterprise asset management refers to managing the maintenance of your physical assets. In brief, enterprise asset management matters because it maximizes the lifespan of your equipment, reduces costs in the long term, improves safety, and increases efficiency

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