© 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
The Simple Banking Adjustments That Improve Profit Margins
Finance
29/12/2025The Simple Banking Adjustments That Improve Profit Margins

Key Takeaways Small banking costs can quietly reduce business profit over time Modern providers now offer reliable business accounts without monthly fees Automating payments and improving visibility saves time and prevents errors Efficient financial operations

Read Full PostRead - Eye Icon
Thesis Announces Acquisition and Growth Investment by SilverTree Equity
M&A
03/03/2023Thesis Announces Acquisition and Growth Investment by SilverTree Equity

Thesis, a provider of cloud-based, next generation university administration software, announced that SilverTree Equity, a leading private equity firm with deep expertise in technology and software businesses, has completed the acquisition of the company from

Read Full PostRead - Eye Icon
Beyond Chatbots: Why a Human-Centric Approach is Key to Digital Transformation Success
News
17/03/2025Beyond Chatbots: Why a Human-Centric Approach is Key to Digital Transformation Success

The rapid advancement of Artificial Intelligence [AI] and automation has ignited a digital revolution across industries.

Read Full PostRead - Eye Icon
Innovative Wellness Companies of 2020
Innovation
02/06/2020Innovative Wellness Companies of 2020

When people used to think about how they could improve their lives, they may have focused on physical health or finding a better job. Now people look to personal wellness experts to improve their lives from every angle. Keeping track of your wellness means mon

Read Full PostRead - Eye Icon
3 Questions Small Business Owners Should Ask Before Seeking Out a Business Loan
Finance
12/08/20213 Questions Small Business Owners Should Ask Before Seeking Out a Business Loan

If you run a business, no matter the size, there will be a time when you will need to seek financing. Let’s take a look at some questions all business owners should ask before seeking out a business loan.

Read Full PostRead - Eye Icon
New Global Business Network Makes a Strong Start
Leadership
15/04/2015New Global Business Network Makes a Strong Start

The Marque, a global success-based online business network, announces its official launch. Through its recommendation-only policy, The Marque is rapidly building a powerful membership base in London.

Read Full PostRead - Eye Icon
AI and Humans, the Superheroes of Today
Innovation
02/01/2024AI and Humans, the Superheroes of Today

Businesses need to change the perception of AI from being the ‘villain’ to the invisible superhero that will augment employees’ roles and create more jobs. McKinsey Global Institute estimates that as early as 2030 AI could contribute to the creation of 2

Read Full PostRead - Eye Icon
Love Success – You’re Hired!
Strategy
01/12/2016Love Success – You’re Hired!

With a London HQ and a nationwide presence, Love Success steps up as the UK’s leading recruitment consultancy.

Read Full PostRead - Eye Icon
Outsourcing:  A Tax Effective Solution
Finance
07/05/2015Outsourcing: A Tax Effective Solution

In recent years the tax affairs of large multinational organisations have been subject to greater scrutiny than ever before.



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