Autumn Budget 2024: Tax rises will hit workers’ pay, Reeves admits
Thursday, 31 October 2024 Workers will see their pay hit by tax rises as it is “likely” companies will limit wage increases after the Budget saw business levies go up, Rachel Reeves has admitted. The Chancellor told BBC Breakfast that firms would have to absorb the costs of paying more employer national insurance contributions (NICs) or give out smaller [...]
OBR Chairman Richard Hughes described Chancellor Rachel Reeves' Budget as one of the UK’s largest in terms of tax rises, with employer National Insurance contributions set to increase. This move is projected to push the tax burden to 38% of GDP by the end of the decade - the highest since WWII....
Sir Keir Starmer and Rachel Reeves travel to the West Midlands to meet NHS workers, as they track reaction to the chancellor's Autumn Budget. Report by Brooksl. Like us on Facebook at..
Rachel Reeves has received a "huge congratulations" from a hospital worker for her Autumn Budget. Reeves was visiting a hospital in Central London, the day after she delivered her fiscal statement as..
Jeremy Hunt says people are feeling "betrayed" by Rachel Reeves' Autumn Budget, after the chancellor raised taxes by £40bn, the biggest increase in a generation. The shadow chancellor claims Reeves..
Thursday, 31 October 2024
Workers will see their pay hit by tax rises as it is “likely” companies will limit wage increases after the Budget saw business levies go up, Rachel Reeves has admitted. The Chancellor told BBC Breakfast that firms would have to absorb the costs of paying more employer national insurance contributions (NICs) or give out smaller [...]
![Full steam ahead for PM and chancellor after Autumn Budget [Video]](https://video.newsserve.net/300/v/20241031/1392070434-Full-steam-ahead-for-PM-and-chancellor-after.jpg)
![Rachel Reeves congratulated on Budget during hospital visit [Video]](https://video.newsserve.net/300/v/20241031/1392061208-Rachel-Reeves-congratulated-on-Budget-during-hospital-visit.jpg)
![Jeremy Hunt: People feel betrayed by Reeves' tax hike [Video]](https://video.newsserve.net/300/v/20241031/1392051740-Jeremy-Hunt-People-feel-betrayed-by-Reeves-tax.jpg)
