All the updated news related to national insurance

All the news related to national insurance updated in real time

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National insurance hike to be cancelled from November 6 says Kwarteng

The national insurance hike introduced by Boris Johnson’s government will be reversed from November 6, Chancellor Kwasi Kwarteng has announced. Ahead of his mini-budget on Friday, Mr Kwarteng confirmed that he was cancelling the 1.25 percentage ...

22 Sept 2022 at 19:24

High inflation ‘will be reflected’ in benefits next year, says Treasury minister

A Treasury minister has suggested benefits increases in 2023 will be linked to soaring inflation, with the triple-lock also “in place” for pensions. Simon Clarke told MPs high inflation “will be reflected” in the uprating figures for April ...

24 Mar 2022 at 15:25

Growth forecast slashed as Sunak promises help to cope with economic uncertainty

Forecasts for economic growth have been slashed due to the uncertainty caused by the Ukraine war and rising inflation as Chancellor Rishi Sunak acknowledged the challenges facing the UK. The Office for Budget Responsibility (OBR) ...

23 Mar 2022 at 14:25

Raising NI threshold ‘will soften financial blow of health and social care levy’

Raising the threshold at which people pay national insurance (NI) will help soften the financial blow from the new health and social care levy, experts said. But some said measures announced in the spring statement will only be ...

23 Mar 2022 at 15:55

Chancellor has made an ‘historic mistake’ and families will suffer, says Labour

Rachel Reeves has accused Rishi Sunak of “making an historic mistake” by failing to scrap a tax hike on jobs, warning families will “endure significant hardship” within days. The shadow chancellor told MPs about “Alice In ...

23 Mar 2022 at 15:55

Rishi Sunak says his ‘mission’ is cutting taxes ahead of spring statement

The Chancellor says his goal over the rest of the Government’s term is to cut taxes, ahead of his spring statement on Wednesday. “My priority over the rest of this Parliament is to cut people’s taxes. That is my mission,...

20 Mar 2022 at 02:55

Sunak promises tax cuts as economy reels from soaring inflation and Ukraine war

Rishi Sunak offered help through the tax system for millions of workers as the cost-of-living crisis and war in Ukraine hit the economy. The Chancellor shielded lower earners from the impact of the forthcoming national ...

23 Mar 2022 at 14:55

Scotland

Westminster and Holyrood ‘sitting on their hands’ in cost of living ‘catastrophe’

Scottish Liberal Democrat leader Alex Cole-Hamilton has accused the UK and Scottish governments of “sitting on their hands while people’s bills skyrocket” amid what he called a “cost of living catastrophe”. Addressing ...

20 Apr 2022 at 18:55

Labour: NI rise ‘will make a bad situation for British businesses even worse’

The Chancellor’s National Insurance increase “will make a bad situation for British businesses even worse”, Labour has warned. Shadow business minister Seema Malhotra raised concerns over the level of inflation as ...

22 Feb 2022 at 18:25

Chancellor expected to announce fuel duty cut in spring statement

Pressure is building on Rishi Sunak to unveil new plans to help struggling households as he is set to vow to “stand by” British families amid the deepening cost of living crisis. The Chancellor, who will deliver ...

23 Mar 2022 at 02:25

Spring statement: What can we expect from the Chancellor?

The time has come for the Chancellor to unveil his spring statement, with the spotlight on how he intends to deal with the cost of living crisis. Rishi Sunak is set to vow to “stand by” British families as he ...

23 Mar 2022 at 01:25

Chancellor urged to go further as ‘unwelcome’ cost of living records are broken

22 Mar 2022 at 23:25

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