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

The Heart of the Matter

05/01/2022The Heart of the Matter

The world of research is built on collaboration, but finding the space for that collaboration is not always easy. When the European Cardiovascular Research Institute (ECRI) was founded, it was to perform various studies into the field of cardiology.

Committed to Care

23/07/2019Committed to Care

Templars Law is a full service law firm with extensive knowledge regarding how to handle the legal needs of clients in Nigeria’s peculiar business environment.

Resolution Insurance Majority Stake Acquisition

19/03/2015Resolution Insurance Majority Stake Acquisition

LeapFrog Investments, the private equity firm with a focus on Africa and Asia, said it will pay 1.68 billion shillings ($19 million) to gain control of Kenya’s Resolution Insurance and tap growth in health coverage.

Accident Compensation Expert Reveals What to do After a Workplace Injury

09/09/2024Accident Compensation Expert Reveals What to do After a Workplace Injury

With the Labor Force Survey reporting an estimated 1,980 non-fatal workplace injuries between 2022 and 2023 in Great Britain, it is essential to know what to do if you are the victim of an accident due to negligence in the workplace.

Building Today for a Better Tomorrow

05/03/2026Building Today for a Better Tomorrow

Bitmedia Labs is a forward-thinking company that has made a name for building systems that scale reliably and remain effective even as the market shifts.

Why Integrity, Trust and Authenticity Are Still the Best Business Strategy

10/06/2025Why Integrity, Trust and Authenticity Are Still the Best Business Strategy

These days, customers are smart. They do their research; ask questions, read reviews, compare quotes and pick up on red flags quickly. And they’ve learned to spot a brand that’s all packaging and no substance from a mile away.

CFO of the Month

19/07/2016CFO of the Month

In a special feature interview with Theresa E. Wagler, a highly seasoned professional of Steel Dynamics, she gives fascinating insights into her broad yet vital and fascinating role as CFO of this company.

Peace of Mind; Cloud is Key in Scaling Systems to Your Business Needs

16/04/2024Peace of Mind; Cloud is Key in Scaling Systems to Your Business Needs

Meeting the demands of the modern-day SMB is one of the challenges facing many business leaders and IT operators today. Traditional, office-based infrastructure was fine up until the point where greater capacity was needed than those servers could deliver, ven

5 Different Aspects of Business Security That Are Often Overlooked (and How to Resolve These in Your Company)

11/12/20235 Different Aspects of Business Security That Are Often Overlooked (and How to Resolve These in Your Company)

Both digital and physical security concerns have to be taken into account, regardless of the size of your business or the industry you operate within. Yet there are all sorts of organizations that either unknowingly overlook or wilfully neglect these mission-c

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