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Reeves hints at rise in employer national insurance, as critics claim it breaches manifesto | Autumn budget 2024

UK Chancellor Rachel Reeves hinted at a potential rise in employer national insurance contributions in the upcoming budget, as part of an effort to plug a £22bn ‘black hole’ in the economy. The move caused some to suggest the Labour Party could be breaking a manifesto promise to not raise taxes. Party leader Keir Starmer reinforced the message that fiscal responsibility was needed. Critics argue that such a tax hike would be a breach of the Labour Party’s manifesto.

Source: www.theguardian.com –

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