© 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
BPO and Technology Acquires top Provider in Marketing Communications
Finance
20/01/2016BPO and Technology Acquires top Provider in Marketing Communications

Headquartered in New York City, Smart Source's acquisition allows these two dynamic companies to combine best practices, services and technologies to offer the most elevated client experience in brand management, marketing and communications to clients nationw

Read Full PostRead - Eye Icon
Strong Increase of Equity Trading Volumes ( 17.4%) in 2014
Finance
04/03/2015Strong Increase of Equity Trading Volumes ( 17.4%) in 2014

The World Federation of Exchanges Ltd. released its Annual Statistics Market Highlights report.

Read Full PostRead - Eye Icon
Driving Excellence in IT Law
Legal
19/01/2018Driving Excellence in IT Law

MORGENSTERN is a German law firm which is specialising in information technology law and data protection.

Read Full PostRead - Eye Icon
10 Simple Steps to Take Right Now to Secure Your Business From Email Scams
Innovation
13/02/202010 Simple Steps to Take Right Now to Secure Your Business From Email Scams

When dealing with email scams in business, you must ensure you are taking every step possible to prevent a co-worker or employee from falling victim to one. Companies offer hackers or scammers with more people to trick, so they are frequent targets. Luckily, t

Read Full PostRead - Eye Icon
What Cruise Agents Can Do To Increase Revenue In 2020
Leadership
28/01/2020What Cruise Agents Can Do To Increase Revenue In 2020

Read on to learn about what cruise agents can do to increase revenue in 2020. With the right strategies in mind, you'll book more cruises in the coming year and turn first-timers into repeat customers.

Read Full PostRead - Eye Icon
The Role of Ventilation Systems in Adapting Business Facilities for Hybrid Work Models
News
21/10/2024The Role of Ventilation Systems in Adapting Business Facilities for Hybrid Work Models

As more businesses begin to embrace the hybrid work model, the importance of adapting physical office spaces to ensure health, safety, and productivity continues to rise. Among other factors, efficient ventilation systems play a crucial role in this adaptation

Read Full PostRead - Eye Icon
5 Key Trade Compliance Trends in 2025
News
23/04/20255 Key Trade Compliance Trends in 2025

Trade compliance is set to become even more challenging in 2025. The focus for many organisations will shift to adapting strategies that address geopolitical tensions, sustainability and ensuring compliance systems and tools are fit for purpose.

Read Full PostRead - Eye Icon
How Good Partnerships Promote Success
M&A
14/01/2015How Good Partnerships Promote Success

We, at Symphony Communication Services, are honored to receive Acquisition International’s Deal of the Year award.

Read Full PostRead - Eye Icon
Leading Insolvency and Asset Recovery Expert
Leadership
11/06/2019Leading Insolvency and Asset Recovery Expert

Grant Thornton BVI Ltd specialises in providing recovery and restructuring services for or to companies registered in the BVI and the Eastern Caribbean. Following their success in Acquisition Intl.’s Leading Advisor 2018 where they were awarded the accolade



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