© 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
It’s All About Educating the Mind
Leadership
10/10/2016It’s All About Educating the Mind

Neurocoaching was founded and built by Patricia López, a mentor-coach, and telecommunications engineer for more than 20 years. The company is focused on developing engineers, whether it be getting the know themselves, skills, beliefs, or achieving their goals

Read Full PostRead - Eye Icon
The Nails.INC Founder Who Turned British Beauty Into Big Business
Leadership
23/06/2026The Nails.INC Founder Who Turned British Beauty Into Big Business

In this exclusive interview with the Female Motivational Speakers Agency, Thea discusses how the British beauty industry has changed since the late 1990s, why customers now expect brands to be more honest, the reality of raising money as a female founder, and

Read Full PostRead - Eye Icon
US Investment Growth Drives Capital Inflows Supporting Dollar Appreciation
Finance
04/05/2026US Investment Growth Drives Capital Inflows Supporting Dollar Appreciation

America’s robust equity markets and high safe-haven demand have pushed investment growth to strong levels. This appreciation, fueled by investors seeking high returns and deep liquidity, is reinforcing the dollar’s role as the global dominant currency.

Read Full PostRead - Eye Icon
6 Common Reasons Why New Stock Market Investors Fail
Finance
14/12/20206 Common Reasons Why New Stock Market Investors Fail

While trading has been made easier than ever thanks to all the tools and options we now have at our disposal, it is still far from easy.

Read Full PostRead - Eye Icon
The Engine Behind Convenience: A Deep Dive into Retail Bank Software and Building Your Neobank
News
01/10/2024The Engine Behind Convenience: A Deep Dive into Retail Bank Software and Building Your Neobank

In the modern payment world, consumers crave convenience and seamless digital experiences. This extends to their finances, where the rise of neobanks – entirely digital financial institutions – is disrupting the traditional banking landscape. But w

Read Full PostRead - Eye Icon
Greenwashing, Social Washing and other Laundry Matters
Leadership
29/10/2020Greenwashing, Social Washing and other Laundry Matters

Across the world businesses are reappraising how they operate and, in many cases, challenging what is really important to their workers.

Read Full PostRead - Eye Icon
Underwood & Co Advises Puma Investments’ investment in Abbey Healthcare
Finance
06/08/2015Underwood & Co Advises Puma Investments’ investment in Abbey Healthcare

Underwood & Co Advises Puma Investments' investment in Abbey Healthcare

Read Full PostRead - Eye Icon
The Importance of Branding in Building a Strong Business Identity
News
16/08/2023The Importance of Branding in Building a Strong Business Identity

Every day, we come across a number of new brands, whether online or in the physical realm.  While this vast variety benefits consumers, granting them numerous choices, it presents a challenge for businesses striving to distinguish themselves in the bustling s

Read Full PostRead - Eye Icon
Mid Market Top 50
Innovation
02/06/2016Mid Market Top 50

Novimmune is a privately held Swiss bio-pharmaceutical company focused on the discovery, development and commercialisation of antibody-based drugs for the targeted treatment of inflammatory diseases, immune-related disorders, and cancer.



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