© Copyright Acquisition International 2025 - 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
Checkers Industrial Safety Products Acquisition of Superior Manufacturing Group
M&A
28/04/2016Checkers Industrial Safety Products Acquisition of Superior Manufacturing Group

Superior Manufacturing Group, Inc. has grown into one of the largest integrated manufacturers of floor matting products in the world. Superior Manufacturing Group, Inc. is a market leader in mats for professional use under the brand Notrax® and can be found i

Read Full PostRead - Eye Icon
Mastering Expansion: Proven Strategies for Scaling Your Service Business
News
15/02/2023Mastering Expansion: Proven Strategies for Scaling Your Service Business

Multiple site expansion of a service company can have numerous advantages, but it necessitates a deliberate strategy.

Read Full PostRead - Eye Icon
Zenith Hygiene Group Enters into Formal Agreement to Acquire CCL Pentasol
M&A
17/06/2016Zenith Hygiene Group Enters into Formal Agreement to Acquire CCL Pentasol

Acquisition will allow Zenith Hygiene to enter new markets, further strengthening its position in the UK and driving value for its customers.

Read Full PostRead - Eye Icon
Is Gold A Promising Retirement Investment?
Finance
13/02/2023Is Gold A Promising Retirement Investment?

Retirement investments are essential for your later days, especially when you can no longer generate regular income like you used to.

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

The Most Innovative Law Firm of 2016, Glasgow was awarded to EmployEasily Legal Services

Read Full PostRead - Eye Icon
LCCG completes the acquisition of the offshore bond portfolio from Athora Holding Limited
Finance
10/01/2019LCCG completes the acquisition of the offshore bond portfolio from Athora Holding Limited

Life Company Consolidation Group (LCCG) is pleased to announce that on 31 December 2018 its subsidiary, Utmost Ireland DAC, completed the purchase of the entirety of the offshore bond portfolio of Athora Ireland from Athora Holding Limited. The offshore bond p

Read Full PostRead - Eye Icon
Erste Group Advises Mid Europa Partners acquisition of Regina Maria from Advent International
Finance
06/08/2015Erste Group Advises Mid Europa Partners acquisition of Regina Maria from Advent International

Erste Group Advises Mid Europa Partners acquisition of Regina Maria from Advent International

Read Full PostRead - Eye Icon
What are the Most Effective Ways to Advertise Your Business Online?
Innovation
09/12/2022What are the Most Effective Ways to Advertise Your Business Online?

For business owners, the ways in which you can promote your company have changed dramatically over the last decade. The majority of marketing now takes place online, particularly since the start of the pandemic.

Read Full PostRead - Eye Icon
Better Capital sale of Calyx Managed Services
Finance
19/03/2015Better Capital sale of Calyx Managed Services

Following a competitive auction process involving a number of interested parties, Calyx Managed Services (“CMS”) was sold to MXC Capital Limited for an enterprise value of £9.0m. The CMS element of the Calyx Group’s most recent valuation was £4.9m.



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 14 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