Please enable JavaScript in your web browser settings, under the site permissions section to unlock full site functionality. Click here for help.

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.

Scroll to keep reading

Minimum Wage Workers Will Be Hit by Chancellor’s Cuts, Says TUC

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

International Trade, Maximising Thailand’s Potential

01/12/2015International Trade, Maximising Thailand’s Potential

Rajah & Tann is the largest firm in Singapore but, with 9 offices and over 500 lawyers in South East Asia, making it the largest Asian headquartered firm in South East Asia.

Financial Steps to Building a House

13/08/2021Financial Steps to Building a House

Building a home lets you personalize every aspect of where you live. You might also skip the renovations and repairs needed after purchasing an existing property, but the financial aspects of the planning and construction are less straightforward than buying a

How to Better Navigate Your Team Through a Merger or Acquisition

19/07/2022How to Better Navigate Your Team Through a Merger or Acquisition

2021 was a record year for mergers & acquisitions (M&A) activity. In the US alone, M&A accounted for $581 billion. Yet according to the Harvard Business Review, studies repeatedly show that between 70 – 90% of mergers and acquisitions fail. A lack of support

Innovation in Mortgage: How CRM Solutions Drive Change

29/08/2023Innovation in Mortgage: How CRM Solutions Drive Change

Innovation in Mortgage: How CRM Solutions Drive Change The mortgage industry is ripe for innovation, and customer relationship management (CRM) solutions are at the forefront of driving this change. The use of CRM solutions by mortgage lenders has revolutioniz

8 Tips to Advance Your Career Fast

23/04/20208 Tips to Advance Your Career Fast

After getting a job, the next thing you should work on is advancing your career. Advancing a career may take different forms, but the goal is to reach a level where you can gain maximum satisfaction from the job.

Placing Ethical and Human Values at the Heart of all Relationships

30/08/2019Placing Ethical and Human Values at the Heart of all Relationships

UrbanLaw Avocats provides legal advice and assistance to public entities (national or local), as well as major French and international groups. Following their success in AI’s Global Excellence Awards 2019 where they were selected as the Best Urban Planning

Leadership Responsibility: The Business Case for Providing Health Services to Your Workforce

09/01/2026Leadership Responsibility: The Business Case for Providing Health Services to Your Workforce

Leading By Example If business managers demonstrate an interest in the wellbeing of their staff, this feeling can transcend within the organisation. You often hear about football managers talking about how every role in the club is key to the team’s succ

How to Improve Social Media Presence with Instantly Delivered Instagram Likes and Followers

31/08/2022How to Improve Social Media Presence with Instantly Delivered Instagram Likes and Followers

A prominent social media presence is a key to a successful business. Young entrepreneurs understand the need for social media promotion and keep looking for new social media platforms and ways how they can make their presence appealing to the target market. So

DORA: Five Ways the Channel Can Prepare

03/04/2024DORA: Five Ways the Channel Can Prepare

The Digital Operational Resilience Act (DORA) will soon establish a universal framework for managing, reporting and outsourcing IT risk for the European Union (EU)’s financial sector. Looking to mitigate a recent rise in cyber attacks on the industry, the le

View More Articles

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.

MORE BRANDS