© 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
CEO of the Month, USA: Michael J. Mardy, Tumi
Leadership
28/10/2015CEO of the Month, USA: Michael J. Mardy, Tumi

Tumi is a leading, global, premium lifestyle brand whose products offer superior quality, durability, functionality and innovative design.

Read Full PostRead - Eye Icon
Silver Bay Realty Trust Buys 2,373 Properties in USD 252.2m Deal
M&A
22/04/2015Silver Bay Realty Trust Buys 2,373 Properties in USD 252.2m Deal

US-based residential and commercial title and escrow services OS National, LLC served as the lead title agent for Silver Bay Realty Trust Corp's recent acquisition of a portfolio of 2300+ properties located in Georgia, Florida, Tennessee, North Carolina and So

Read Full PostRead - Eye Icon
Centum Acquisition of a Controlling Stake in K-Rep Bank
M&A
01/02/2015Centum Acquisition of a Controlling Stake in K-Rep Bank

Centum, the East African investment firm, announced the acquisition of a controlling stake in Kenyan bank K-REP Bank Limited.

Read Full PostRead - Eye Icon
Making a Grand ‘EXtrance’ in Investment Management
Finance
04/06/2024Making a Grand ‘EXtrance’ in Investment Management

As the pioneer of the first bespoke all-in-one investment platform, EXtrance is changing the way that investments are being carried out in the modern world.

Read Full PostRead - Eye Icon
The Role of Microfinance in Uganda
Finance
26/02/2016The Role of Microfinance in Uganda

Five Talents Uganda Ltd is a Christian microenterprise development Institution that gives financial and non- financial services to the active poor people in Uganda. It offers small loans and trains people in business and financial management skills to empower

Read Full PostRead - Eye Icon
Large Sum Buys and Payments Abroad: How to Reduce Associated Fees
Finance
25/04/2022Large Sum Buys and Payments Abroad: How to Reduce Associated Fees

Buying an expensive item abroad may not sound like a logical go-to in the wake – or the midst, depending on your position – of a global pandemic. Supply chains have been chewed up, with worker and truck driver shortages, along with a microprocessor

Read Full PostRead - Eye Icon
6 Ways To Increase Your Customer Service With An Inbound Number
News
08/07/20246 Ways To Increase Your Customer Service With An Inbound Number

If your customer service experience has been badly received by your customers lately, then it’s your duty to come up with ways to improve it, and fast. A bad customer service experience can tarnish your reputation—leading to reduced customer loyalty and a

Read Full PostRead - Eye Icon
Auditing culture, values and behaviours is essential in a #MeToo world
Leadership
22/03/2018Auditing culture, values and behaviours is essential in a #MeToo world

Within 10 days of the first tweet being posted, over 1.7m people in 85 countries had referenced #MeToo on Twitter. That number has now exploded and as a result, the hash tag has become the emblem of a global movement that is impacting businesses, countries and

Read Full PostRead - Eye Icon
Makersite Masters
News
05/02/2020Makersite Masters

It’s a time of intensive change for companies with the complexity of product manufacturing and customer expectation are rising exponentially, and rapidly beyond the control of the businesses that are in charge of running them. Offering a solution to this see



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