© 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
SolarWinds Transforms Your Standard Operating Procedure to Proactive and Productive
News
21/10/2022SolarWinds Transforms Your Standard Operating Procedure to Proactive and Productive

Standard operating procedures (SOPs) are a part of every organization. SOPs are processes that outline the procedure of performing a task. SOPs allow companies to hire anyone with the right qualifications as they can do the job as long as they follow the stand

Read Full PostRead - Eye Icon
Microsemi Successfully Completes Acquisition of Vitesse
Finance
30/04/2015Microsemi Successfully Completes Acquisition of Vitesse

Microsemi Corporation, a leading provider of semiconductor solutions differentiated by power, security, reliability and performance, and Vitesse Semiconductor Corporation jointly announced today that Microsemi's wholly-owned subsidiary LLIU100 Acquisition Corp

Read Full PostRead - Eye Icon
Solteq Acquires inPulse Works Oy
M&A
12/06/2017Solteq Acquires inPulse Works Oy

Solteq Plc has acquired inPulse Works Oy. The acquisition will enable Solteq to offer services that meet the varying needs of electricity, district heating and water companies.

Read Full PostRead - Eye Icon
The Clearing House Drives Closer to Standing-Up New Innovative National Real-Time Payment System
M&A
26/10/2015The Clearing House Drives Closer to Standing-Up New Innovative National Real-Time Payment System

The Clearing House (TCH)has announced it has entered into a letter of intent with VocaLink, the UK-based international payment systems provider.

Read Full PostRead - Eye Icon
Royal IHC Acquires SAS Offshore
M&A
26/03/2015Royal IHC Acquires SAS Offshore

Global market leader for efficient dredging and mining vessels and equipment Royal IHC finalised its acquisition of SAS Offshore. SAS are a company specialising in designing and manufacturing reliable deck equipment for the offshore oil and gas market.

Read Full PostRead - Eye Icon
Frost & Sullivan: The $700 Billion Connected Life Market that will Drive Change and Growth
Finance
26/03/2015Frost & Sullivan: The $700 Billion Connected Life Market that will Drive Change and Growth

The connected life market has been valued by Frost & Sullivan at over $700 billion by 2020, and the company have outlined this will have on business and our lives in general.

Read Full PostRead - Eye Icon
Navigating Personal Injury Claims: The Role of a Queens Personal Injury Attorney
Legal
30/05/2023Navigating Personal Injury Claims: The Role of a Queens Personal Injury Attorney

Life can sometimes throw unexpected challenges our way. One such unexpected event can be a personal injury. These incidents can change our lives dramatically, causing not only physical pain but also emotional trauma and financial burden.

Read Full PostRead - Eye Icon
Innovation is the Centre of Nucleus’ Success
Innovation
13/03/2018Innovation is the Centre of Nucleus’ Success

Nucleus is an alternative business finance provider, set up by Chirag Shah with a clear vision to disrupt the status quo of SME lending with a finance business that served a long-underserved part of the market.

Read Full PostRead - Eye Icon
White & Case Advises Saudi Automotive Services Company on Acquisition
Legal
08/07/2015White & Case Advises Saudi Automotive Services Company on Acquisition

White & Case Advises Saudi Automotive Services Company on Purchase



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