The Institute for Fiscal Studies (IFS) has warned that if Rachel Reeves goes ahead with plans to raise employers’ National Insurance (NI), she will be in “straightforward breach” of Labour’s manifesto. IFS director Paul Johnson said Reeves would “almost certainly” have to breach the manifesto to raise large sums. This follows hints that an increase in NI contributions by employers is being considered for the upcoming October 30 budget.
Vladimir Putin prepares new war with ‘traditional enemy’ Britain after NHS cancer treatment delayed by targeted campaign
Vladimir Putin is poised to potentially launch a series of cyber attacks on the UK that could disrupt the country’s infrastructure and economy, warns Chancellor