© 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
Data Protection by Design and Default
Innovation
29/07/2024Data Protection by Design and Default

The very thought of keeping up-to-date with new regulations, cyber threats and improving data protection can send shivers down the spines of companies across all sectors. Such is the threat and the sheer number of ways that personal data can be compromised, th

Read Full PostRead - Eye Icon
Generating Transactions Thanks To Deep Sector Knowledge
Finance
20/03/2019Generating Transactions Thanks To Deep Sector Knowledge

For over 30 years, Eurohold has offered a full range of Corporate Finance services to Global Companies, Private Equity Funds and Private Companies. Recently, the firm was selected in AI’s 2019 Global Excellence Awards as the Most Outstanding Cross-Border Cor

Read Full PostRead - Eye Icon
5 Best Procure-to-Pay Software for Enterprises in 2026
Finance
20/10/20265 Best Procure-to-Pay Software for Enterprises in 2026

Procurement breaks down the same way in almost every enterprise: a requisition sits in someone’s inbox, the purchase order goes out with no visibility into delivery status, and by the time the invoice arrives, three systems hold three versions of the tru

Read Full PostRead - Eye Icon
Broadstone Secures A Further £1.5m To Fuel Expansion Following Major Contract Wins
Innovation
30/01/2020Broadstone Secures A Further £1.5m To Fuel Expansion Following Major Contract Wins

Existing investors continue to back company's aim to transform flexible workforces in regulated industries.

Read Full PostRead - Eye Icon
Critical Value of Hotlines In Helping Staff ‘Speak Up’ About Wrongdoing
News
05/07/2023Critical Value of Hotlines In Helping Staff ‘Speak Up’ About Wrongdoing

Whistleblowing hotlines and multi-channel approaches are crucial to the successful implementation of an organisations’ whistleblowing policy.

Read Full PostRead - Eye Icon
Most Innovative Business Leadership CEO 2024 (Nigeria): Aniefiok Iton
Leadership
12/07/2024Most Innovative Business Leadership CEO 2024 (Nigeria): Aniefiok Iton

Brightflow Conglomerate & Device is a group of businesses encompassing Brightflow Logistics Service, Brightflow Foundation for Women and Children, as well as Brightflow Skills Development & Vocational Institute, to name just a few. Across these companies, the

Read Full PostRead - Eye Icon
5 Reasons Every Startup Must Calculate Their Market Size
News
27/06/20225 Reasons Every Startup Must Calculate Their Market Size

Building a successful startup goes beyond developing a product or service—you must be sure you are diving into a profitable market, and your product can cater to consumers' needs.

Read Full PostRead - Eye Icon
Wirtualna Polska Holding IPO
Innovation
27/05/2015Wirtualna Polska Holding IPO

Wirtualna Polska Holding IPO

Read Full PostRead - Eye Icon
Copperstone Capital
Finance
28/10/2015Copperstone Capital

Copperstone Capital is an investment management firm founded in 2010 in Moscow by David Amaryan.Copperstone Capital manages wealth for high net worth individuals and institutions and provides advisory services.



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