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National Insurance to be cut from 12% to 10% - as state pension and Universal Credit to rise

Sky News Wednesday, 22 November 2023
National Insurance is to be cut by two percentage points, the chancellor has announced in his autumn statement - as he pledged to "honour the triple lock in full" and increase Universal Credit.
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πŸ’‘ newsR Knowledge: Other News Mentions

National Insurance National Insurance Tax and social benefit system in the UK, introduced in 1911

Hunt visits Morrison's store to mark NI cut [Video]

Hunt visits Morrison's store to mark NI cut

Chancellor Jeremy Hunt has welcomed the cut to National Insurance by visiting a Morrison's store to meet its employees. He reiterated the government's aspiration to reduce even more of the tax when it was 'responsible' to do so. Report by Alibhaiz. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 01:34Published
Sunak hints inquiry may be launched into budget leak [Video]

Sunak hints inquiry may be launched into budget leak

Rishi Sunak has said he deplores leaks but could not β€œrecall” whether a leak inquiry was launched after the planned National Insurance cut was reported in the media before the Spring Budget. Facing a grilling by the Commons Liaison Committee on Tuesday, the Prime Minister said: β€œI deplore these leaks, particularly around Budget measures. I suffered from them as chancellor myself." Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 01:39Published

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