© Copyright Acquisition International 2025 - All Rights Reserved.

Article Image - More Needed on Minimum Wage to Tackle Low Pay, Says CWU
Posted 18th March 2015

More Needed on Minimum Wage to Tackle Low Pay, Says CWU

Responding to the announced increase in the minimum wage the Communication Workers Union welcomes an increase but says far more needs to be done to tackle low pay and pushes for the Living Wage to be applied by employers.

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

More Needed on Minimum Wage to Tackle Low Pay, Says CWU
Image

More Needed on Minimum Wage to Tackle Low Pay, Says CWU

Responding to the announced increase in the minimum wage the Communication Workers Union welcomes an increase but says far more needs to be done to tackle low pay and pushes for the Living Wage to be applied by employers.
Billy Hayes, CWU general secretary, said: “An increase is always welcome, but this year of all years – when the economic recovery is continuing and there is a general election on the horizon – we expected the government to be bolder in sharing that success with low paid workers who have suffered most under this government.

“The minimum wage remains inadequate for the majority of families to live on, meaning the government is simply subsidising low-paying companies through in-work benefits to make up the shortfall.

“George Osborne has failed to meet his promise of a £7 minimum wage which he made over a year ago. Wages have stagnated for years under the coalition government. They have taken strong action on apprenticeships’ pay, but number 11 has missed its opportunity to put low pay for over a million workers right before the election.”

The government has announced that the minimum wage will rise in October by 20p an hour to £6.70 (3 per cent). The hourly rate for 18 to 20-year-olds will go up from £5.13 to £5.30 (3 per cent) and by 8p to £3.87 for 16 and 17-year-olds (a 2 per cent rise).

The statutory minimum for apprentices will increase by 57p to £3.30, an increase of 20 per cent.


Categories: Strategy


You Might Also Like
Read Full PostRead - Eye Icon
Kettani Law Firm – Leading Law Firm in Morocco
Leadership
12/12/2019Kettani Law Firm – Leading Law Firm in Morocco

Kettani Law Firm (KLF) is one of the largest Moroccan independent law firms with 120 staff based in its Casablanca head office.

Read Full PostRead - Eye Icon
Kofax Acquires Aia for USD19.5m
Finance
08/04/2015Kofax Acquires Aia for USD19.5m

Kofax (KFX) announced the acquisition of Aia Holding BV, a customer communications managementcompany based in The Netherlands, for $19.5 million.

Read Full PostRead - Eye Icon
Pio-Tech and Huawei partner to launch Bank-BI® on Huawei Platform
Innovation
30/09/2019Pio-Tech and Huawei partner to launch Bank-BI® on Huawei Platform

Pio-Tech, a System Integrator, and Business Solutions Provider announced a new partnership with Huawei. Both parties have shared visions for collaboration to build innovation, and guide banks towards business growth.

Read Full PostRead - Eye Icon
Liberty Global’s Subsidiary Telenet to Acquire BASE
Finance
22/04/2015Liberty Global’s Subsidiary Telenet to Acquire BASE

Liberty Global plc announced that its subsidiary Telenet Group Holding NV (“Telenet”) has entered into a definitive agreement to acquire BASE Company NV (“BASE Company”), the third-largest mobile network operator in Belgium in an all cash transaction v

Read Full PostRead - Eye Icon
Key Questions and Answers About Vortex Acquiring TerraForm Power’s Full Solar Portfolio
Finance
31/01/2017Key Questions and Answers About Vortex Acquiring TerraForm Power’s Full Solar Portfolio

The European energy platform Vortex has agreed to acquire 100% of a 365 MW operational solar PV power portfolio in the UK, which is currently owned by TerraForm Power. Vortex, managed by the private equity arm of EFG Hermes, entered into the sale and purchase

Read Full PostRead - Eye Icon
8 Tips for a Successful Career in EdTech
News
26/01/20248 Tips for a Successful Career in EdTech

The educational technology (EdTech) sector is rapidly transforming the landscape of learning and teaching across the globe. With advancements in technology continually emerging, the demand for skilled professionals in this field is growing exponentially. Wheth

Read Full PostRead - Eye Icon
Cross-Border M&A Is Hot, but There’s a Trap for Tax Planners
Finance
10/09/2015Cross-Border M&A Is Hot, but There’s a Trap for Tax Planners

Cross-border mergers and acquisitions are at their hottest pace since before the financial crisis. In fact, M&A volume was $1.10 trillion in 2014, up from $775.3 billion in 2013 and the highest since 2008.

Read Full PostRead - Eye Icon
How One Office Fruit Company Planted 19 Million Trees: A Corporate Responsibility Case Study
News
07/10/2024How One Office Fruit Company Planted 19 Million Trees: A Corporate Responsibility Case Study

When businesses talk about corporate responsibility, actions speak louder than words. Few companies demonstrate this better than Fruitful Office, whose initiatives stretch from local communities to international environmental projects. Their approach offers va

Read Full PostRead - Eye Icon
Charter to Buy Time Warner for $55 Billion
Finance
27/05/2015Charter to Buy Time Warner for $55 Billion

Charter Communications and Time Warner Cable announced that they have a definitive agreement for Charter to buy with Time Warner Cable.



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