Category: National insurance

Andy Burnham urged to scrap income tax and NI in radical fiscal overhaul

Economists including Jim O’Neill write open letter calling for single levy to replace six key taxes to raise money for public servicesUK politics live – latest updatesProminent economists including Jim O’Neill,...

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UK companies struggling to hire young people amid cost pressures, MPs told

Business lobby groups say firms less likely to take on staff with few qualifications or who have gaps in their CVsBritish companies are struggling to afford to hire young people after a long period of rising costs that have hit...

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‘Struggling to pay the bills’: Britons under pressure react to budget 2025

As they struggle with the cost of living, people weigh up whether Rachel Reeves’s measures will help themWhat the budget means for people on a range of incomesBudget calculator: find out if you are better or worse offFor...

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Staff layoffs in UK gain pace amid Trump tariff turmoil and labour cost increases

Surveys show employer confidence at record low, prompting job cuts and hiring freezeUK rate cut may fail to improve voters’ dim view of the governmentUK employers laid off staff in April at a faster pace than the previous...

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Reeves defends Labour’s £40bn tax rise as businesses prepare for NICs hike

Chancellor says autumn budget enabled £25bn of extra investment into NHS and shorter waiting lists Rachel Reeves has defended the £40bn in tax increases in autumn’s budget as businesses brace for their impact,...

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