Published On Oct 15, 2024
Rachel Reeves warned her Budget on October 30 would be “tough” as she gave the clearest signal yet that businesses will face a hike in national insurance.
The Chancellor stressed that Labour manifesto’s commitment not to increase national insurance contributions (NICs) related to taxes paid by working people – the employee element – rather than the sum paid by employers.
Defence Select Committee member MP Mark Francois joins Talk’s Mike Graham to discuss this further.
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