© 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
AIXTRON Acquires PlasmaSi
M&A
15/04/2015AIXTRON Acquires PlasmaSi

AIXTRON a leading provider of deposition equipment to the semiconductor industry, today announced that it has acquired privately held Silicon Valley-based PlasmaSi, Inc. effective April 1, 2015.

Read Full PostRead - Eye Icon
Ones to Watch in 2016
Finance
29/02/2016Ones to Watch in 2016

Wallick & Volk is the oldest privately held mortgage company in the United States. We are a family owned and operated mortgage lender.

Read Full PostRead - Eye Icon
M&A Appetite on the up, but Completed Deals Slide, says KPMG
Finance
08/09/2015M&A Appetite on the up, but Completed Deals Slide, says KPMG

Despite the recent turbulence in the markets, analysts expect the world’s largest businesses to show an increasing appetite for M&A transactions.

Read Full PostRead - Eye Icon
Most Innovative Law Firm of 2016, Scotland
Legal
04/04/2016Most Innovative Law Firm of 2016, Scotland

The Most Innovative Law Firm of 2016, Scotland is listed in the UK edition of March’s AI magazine.

Read Full PostRead - Eye Icon
How to Overcome Major AWS DevOps Adoption Challenges
Innovation
21/11/2023How to Overcome Major AWS DevOps Adoption Challenges

Companies continue implementing DevOps practices and tools to streamline software development. According to the DevOps Pulse 2023 report from Logz.io, 45% of companies state they have implemented DevOps, which is a 7% increase compared to 2022. AWS DevOps tool

Read Full PostRead - Eye Icon
Nordic Capital Acquires RESMAN
Finance
01/04/2015Nordic Capital Acquires RESMAN

Nordic Capital acquire RESMAN

Read Full PostRead - Eye Icon
Liquid Finance Receives Line of Credit From Shawbrook
Finance
21/04/2015Liquid Finance Receives Line of Credit From Shawbrook

Liquid Finance Partnership Ltd (LFPL), a leader in the Merchant Cash Advance sector of the fast growing Alternative Funding market, today announced the establishment of a line of credit with Shawbrook Asset Finance, a division of Shawbrook Bank.

Read Full PostRead - Eye Icon
G. Elias & Co, a Pre-eminent Business law Firm
Legal
01/04/2016G. Elias & Co, a Pre-eminent Business law Firm

G. Elias & Co. is a pre-eminent business law firm with a reputation for carrying out critical, innovative and complex work to the highest standards.

Read Full PostRead - Eye Icon
Hungary and EBRD Acquire Minority Stakes in Erste Bank Hungary Zrt
M&A
20/06/2016Hungary and EBRD Acquire Minority Stakes in Erste Bank Hungary Zrt

Hungary, represented by state-owned entity Corvinus Zrt. in the transaction, and the European Bank for Reconstruction and Development (EBRD) today signed the contractual framework with Erste Group Bank AG (Erste Group) to acquire minority equity stakes of 15 p



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