© 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
Remote Working and Cybersecurity – Increasing Threats and What Businesses Can Do About It
News
01/07/2021Remote Working and Cybersecurity – Increasing Threats and What Businesses Can Do About It

The pandemic-fuelled shift to remote working has been a necessary adaptation to the world of work, helping us maintain social distancing and ultimately slow the spread of COVID-19.

Read Full PostRead - Eye Icon
GDPR Burdens Hinder M&A Transactions
Legal
22/11/2018GDPR Burdens Hinder M&A Transactions

GDPR Burdens Hinder M&A Transactions in the EMEA Region, According to Merrill Corporation Survey

Read Full PostRead - Eye Icon
61% of US Companies Plan to Acquire in the Next Year
M&A
13/04/201561% of US Companies Plan to Acquire in the Next Year

More than three-fifths of US companies (61%) are planning deals in the next 12 months – the highest number ever recorded by EY's semiannual Global Capital Confidence Barometer.

Read Full PostRead - Eye Icon
Executive Education: The Secret to Staying Ahead in Leadership
Leadership
04/09/2025Executive Education: The Secret to Staying Ahead in Leadership

Becoming a top leader in the corporate world does not guarantee continued success. There are always new leaders coming up and competition never gets easier. So, the key to maintaining your success and getting better is executive education. If you are thinking

Read Full PostRead - Eye Icon
DLA Piper Advise Olayan’s and Mandarin Oriental’s Acquirers of Ritz Hotel (€130 million)
Finance
16/07/2015DLA Piper Advise Olayan’s and Mandarin Oriental’s Acquirers of Ritz Hotel (€130 million)

DLA Piper Advise Olayan's and Mandarin Oriental's Acquirers of Ritz Hotel (€130 million)

Read Full PostRead - Eye Icon
A guide to successful internal auditing
Innovation
05/09/2019A guide to successful internal auditing

Whatever your industry, seeking out continuous improvement is vital to your business’ success. One of the most effective ways to do this is to appoint an internal auditor within your staff, or to hire a third-party auditor. Auditing allows for a fresh perspe

Read Full PostRead - Eye Icon
Chandani – 2016 Influential Businesswoman Awards
Finance
29/06/2016Chandani – 2016 Influential Businesswoman Awards

Acquisition International Magazine is proud to recognise Ms. Asma Chandani as the ‘Most Influential Woman in International Asset Management’ and as principal in the ‘Most Innovative Asia Investment Firm – USA’ in its 2016 Influential Businesswoman Aw

Read Full PostRead - Eye Icon
The Gold Standard of Art Investment: Understanding What Blue Chip Art Is?
News
29/08/2023The Gold Standard of Art Investment: Understanding What Blue Chip Art Is?

In the world of art investment, the term “blue chip art” is often used to refer to pieces that are considered exceptionally valuable and stable. Much like blue chip stocks in the financial market, blue chip art represents the gold standard of inves

Read Full PostRead - Eye Icon
Building the Future of Construction
Innovation
13/10/2021Building the Future of Construction

Having received the accolade of the ‘Best Building Enclosure Products Manufacturer’ for 2021 in the USA, MaxLife Industries will use its new flagship product to inspire innovation in the building materials industry.



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