Chancellor says businesses will understand balancing the books is necessary for fiscal stabilityRachel Reeves has dropped her strongest hint yet that she is planning to raise employer national insurance contributions in the budget, prompting accusations Labour is about to break its manifesto promises.The chancellor used the government’s international investment summit at Guildhall in London on Monday to warn of tax rises to come in this month’s announcement, insisting that business would understand the need for fiscal stability. Continue reading…
Source link : https://www.theguardian.com/uk-news/2024/oct/14/rachel-reeves-hints-rise-in-employer-national-insurance-budget
Author : Richard Partington and Kiran Stacey
Publish date : 2024-10-14 17:04:56
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Reeves hints at rise in employer national insurance despite claims it breaches manifesto
