© 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
10 Key Skills for the Modern Finance Professional
News
10/06/202410 Key Skills for the Modern Finance Professional

In the rapidly evolving finance sector, professionals face a landscape marked by fast-paced technological changes, complex regulatory environments, and global interconnectedness. To navigate this dynamic arena successfully, finance professionals must cultivate

Read Full PostRead - Eye Icon
How To Build A Business Continuity Plan In 5 Steps
Strategy
09/11/2022How To Build A Business Continuity Plan In 5 Steps

A BCP will help ensure the operations continue, your staff is secure, and business assets are safe. Remember, you never know when such calamities will happen. Adequate planning can help you avoid losing revenue, customers shifting to your competitors, and incu

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
Why Your Company Needs an Asset Management Strategy
News
09/08/2021Why Your Company Needs an Asset Management Strategy

Asset management involves the development, operation, maintenance, and sale of assets efficiently and cost-effectively. All companies need to keep tabs on their assets to allow managers to know where and when to employ different assets to maximise returns. Add

Read Full PostRead - Eye Icon
The Art of Digital Signatures: Understanding How They Work & Why They Matter
News
29/08/2023The Art of Digital Signatures: Understanding How They Work & Why They Matter

In the modern digital world, digital signatures play a vital role in establishing trust & security in digital transactions and communications. They offer a reliable method to verify the identity of the sender and ensure that the content of electronic docum

Read Full PostRead - Eye Icon
4 Experts You Need on Board to Successfully Get Your Startup Off the Ground
Finance
03/03/20204 Experts You Need on Board to Successfully Get Your Startup Off the Ground

Getting your small business off the ground is a trying time. You have already invested a lot of time and energy into making your dream of being an entrepreneur a reality, and sticking to a projected timeline is critical if you want to succeed in opening your b

Read Full PostRead - Eye Icon
Cyber Security Specialists Secure Success!
Innovation
22/07/2022Cyber Security Specialists Secure Success!

Information systems are the beating heart of how companies operate, and it is these companies that elevate nations to new and prosperous heights.

Read Full PostRead - Eye Icon
The Numbers Game: How Accounting Has Changed in an Uncertain World
Finance
19/10/2022The Numbers Game: How Accounting Has Changed in an Uncertain World

Most of us take it for granted these days, but the rate of technological change in the past decade or more is astonishing. Super-fast internet, cloud storage, video streaming; just imagine what things will be like a decade from now.

Read Full PostRead - Eye Icon
Best Brokerage & Trading Software Reviews Platform 2025
Innovation
02/03/2026Best Brokerage & Trading Software Reviews Platform 2025

The growth of retail trading has increased demand for reliable broker and trading software reviews. Traders and investors rely on specialist platforms that provide clear analysis of fees, platform functionality, usability, and trading tools.



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