© 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 to Create a Feedback-Driven Workplace
News
24/06/2024How to Create a Feedback-Driven Workplace

How to Create a Feedback-Driven Workplace A lot of us find feedback in the workplace to be terrifying, and it has a negative reputation to boot. It makes us appear lazy and uninspired by highlighting all the things we should have done differently. However, thi

Read Full PostRead - Eye Icon
IPO of De Tiger
Finance
10/02/2015IPO of De Tiger

DT Asia Limited’s Stephen Cannon talks us through De Tiger Holdings’ Initial Public Offering of the NASDAQ-listed acquisition vehicle.

Read Full PostRead - Eye Icon
The Short-Term Rental Investor’s Dilemma: Hospitality Business or Real Estate Asset?
Strategy
25/05/2026The Short-Term Rental Investor’s Dilemma: Hospitality Business or Real Estate Asset?

Short-term rentals sit awkwardly in an investor’s portfolio. On paper, they are property assets: purchase price, debt, an address, and eventual resale value. In practice, their returns often depend on the habits of a hospitality business, from nightly pricin

Read Full PostRead - Eye Icon
An Unwavering Commitment to Excellence
Finance
02/06/2017An Unwavering Commitment to Excellence

Bonassa Bucker Advogados has been involved in the implementation of several international enterprises, constituting companies and partnerships, as well as serving foreign investors from various sources. In this article, Fátima Cristina Bonassa Bucker provides

Read Full PostRead - Eye Icon
Why Has the SaaS Model of Selling Software Become So Popular?
Innovation
14/03/2023Why Has the SaaS Model of Selling Software Become So Popular?

As businesses increasingly move their data and operations to the digital world, software has become an essential tool for success.

Read Full PostRead - Eye Icon
Furlough Scheme Extension – the Good, the Bad and the Ugly Cost
Finance
11/11/2020Furlough Scheme Extension – the Good, the Bad and the Ugly Cost

Shaw & Co, the Bristol-based specialist corporate finance advisory firm, has responded to the announcement made by Rishi Sunak, Chancellor of the Exchequer, on Thursday 5 November in the House of Commons announcing the extension of the UK Furlough Scheme.

Read Full PostRead - Eye Icon
What You Need to Know About Creating a Content Marketing Plan
Strategy
13/02/2023What You Need to Know About Creating a Content Marketing Plan

One of the hardest tasks for any business owner to accomplish is to hook the crowd. Not only is coming up with content difficult, you're not sure how to go about it.

Read Full PostRead - Eye Icon
The Future of Trading Has Arrived: Say Hello to Tradu
Finance
30/11/2023The Future of Trading Has Arrived: Say Hello to Tradu

Tradu is an innovative new trading platform backed by leading global investment firm, Jeffries, offering users a seamless multi-asset trading experience.

Read Full PostRead - Eye Icon
The UK’s Most Personalised Venous Treatments
Innovation
26/01/2024The UK’s Most Personalised Venous Treatments

Accredited with the title of Best Varicose Veins Treatment Clinic 2023 – UK, The Whiteley Clinic is an internationally renowned centre whose specialty lies in the investigation and treatment of venous diseases. Promising the highest level of care through acc



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