© Copyright Acquisition International 2026 - 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
Merrill Datasite Advise Fraser’s Acquisition of Malmaison
M&A
30/07/2015Merrill Datasite Advise Fraser’s Acquisition of Malmaison

Merrill Datasite Advise Fraser's Acquisition of Malmaison

Read Full PostRead - Eye Icon
Spurring Innovation
Innovation
05/06/2018Spurring Innovation

Riverbed provides a fully unified and integrated platform that eliminates trade-offs and helps customers rethink what is possible. We profiled the firm as we looked to discover more about their achievements over the years, which include being selected in the 2

Read Full PostRead - Eye Icon
Yahoo’s Tax Free Plans for Alibaba Stake
Finance
21/05/2015Yahoo’s Tax Free Plans for Alibaba Stake

Shares in the new company would be distributed among shareholders and the transaction could save as much as $16 billion

Read Full PostRead - Eye Icon
Rationality in Business  is Overrated
Strategy
29/05/2015Rationality in Business is Overrated

We hear from Kate Howe, Managing Director at gyro about why she believes emotions are pivotal to business success.

Read Full PostRead - Eye Icon
Scaling Your Brokerage Business in 2024: Adopting Trends from LATAM’s Fintech Revolution
News
08/04/2024Scaling Your Brokerage Business in 2024: Adopting Trends from LATAM’s Fintech Revolution

Source: Pexels.com If you’re looking to level up your connections and gain fresh perspectives, iFX EXPO events are the place to be! These educational conferences bring thousands of finance whizzes and trading titans together in major metro areas each yea

Read Full PostRead - Eye Icon
Over 10,000 COVID-19 Phishing Scams Reported to HMRC During Height of Pandemic
News
21/08/2020Over 10,000 COVID-19 Phishing Scams Reported to HMRC During Height of Pandemic

Her Majesty's Revenue and Customs (HMRC) is investigating 10,428 email, SMS, social media, and phone scams exploiting the Covid-19 pandemic, according to official figures.

Read Full PostRead - Eye Icon
Hitachi Capital UK to accelerate business finance growth with franchise acquisition
Finance
27/06/2018Hitachi Capital UK to accelerate business finance growth with franchise acquisition

Hitachi Capital UK has significantly strengthened its business offering with the acquisition of Franchise Finance Ltd, a specialist financial services provider to the franchising industry.

Read Full PostRead - Eye Icon
How to Repay Your Loan Faster?
Finance
23/02/2022How to Repay Your Loan Faster?

Whenever you’re in debt, your main goal should be to repay it as fast as possible. Sure, taking out a loan can be a good thing as it provides access to needed credit.

Read Full PostRead - Eye Icon
2016 First Quarter Update – Leroy si Asociatii
Leadership
06/06/20162016 First Quarter Update – Leroy si Asociatii

With 16 years of experience on the Romanian market, Leroy si Asociatii is one of the country’s leading independent law firms.



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