© 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
Some Clever Ways To Save Money As a Startup in 2024
News
09/08/2024Some Clever Ways To Save Money As a Startup in 2024

Running a startup often comes with lots of excitement and energy and if you have raised some initial capital, you may be inclined to spend it to grow. But with most startups that are not revenue making in their first few years, this capital can run out pretty

Read Full PostRead - Eye Icon
An Overview of the British Taxation Market for 2018
Finance
30/05/2018An Overview of the British Taxation Market for 2018

Taxes are one of those things that we cannot escape, so let's take a look at what the current tax rates are in England for 2018 and what you will be expected to pay.

Read Full PostRead - Eye Icon
International engineering consultancy Thornton Tomasetti to acquire MMI Engineering
Leadership
14/06/2018International engineering consultancy Thornton Tomasetti to acquire MMI Engineering

Thornton Tomasetti, the international engineering consultancy, has agreed to acquire MMI Engineering (“MMI”), the technical consulting specialist focused on the risk management of man-made and natural hazards across the oil and gas, nuclear, utilities and

Read Full PostRead - Eye Icon
Using Technology to Protect Your Finances in 2023
Finance
01/12/2022Using Technology to Protect Your Finances in 2023

Businesses and individuals across the globe are facing difficulties due to rising inflammation levels in the current geopolitical situation. People are already beginning to make adjustments to combat these difficulties. Here, we will discuss how using technol

Read Full PostRead - Eye Icon
A Smooth Transition
Finance
26/07/2022A Smooth Transition

FP Transitions is a specialized business consulting firm dedicated to wealth managers and independent financial advisors with over twenty years of industry expertise.

Read Full PostRead - Eye Icon
4 Tech Pitfalls to Avoid When Launching a Startup
News
31/01/20224 Tech Pitfalls to Avoid When Launching a Startup

Starting a business can be an effective way to boost your finances. It allows you to be innovative by thinking of marketing strategies to promote your business and succeed financially. That’s why you see most young professionals turn to entrepreneurship inst

Read Full PostRead - Eye Icon
The Best Business Acquisition Strategies to Help You Achieve Success
News
30/09/2022The Best Business Acquisition Strategies to Help You Achieve Success

‍There are a number of different strategies that businesses can use to acquire other businesses. However, the best strategy for a particular business will depend on a number of factors, including the size and financial condition of the target business,

Read Full PostRead - Eye Icon
Klass Capital Acquires Resolver Inc.
M&A
15/04/2015Klass Capital Acquires Resolver Inc.

Klass Capital expands software portfolio with the acquisition of Resolver and their GRC product line.

Read Full PostRead - Eye Icon
How Can Speech Analytics Improve Your Business Marketing?
News
01/08/2023How Can Speech Analytics Improve Your Business Marketing?

When it comes to your marketing, it’s important to have the right tools implemented into your processes to enhance your results, which in turn, could benefit your business.



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