Watch Rachel Reeves face questions at Treasury Committee
Chancellor Reeves admits the 2024 national insurance rise may have hindered youth hiring as nearly 1 million young people are not in employment, education, or training, ONS data shows.
6 Articles
6 Articles
Reeves: ‘Valid’ to say national insurance hike should not have happened
However, the Chancellor insisted the move announced in 2024 was needed to put money into public services. Rachel Reeves has said there was a “valid argument” that she should not have hiked employers’ national insurance contributions after the number of jobless young people edged closer to one million. But the Chancellor insisted the move announced in 2024 was needed to put money into public services. Appearing before Parliament’s Treasury Commit…
Rachel Reeves admits it's valid to say major Budget tax hike 'should not have happened'
Chancellor Rachel Reeves has acknowledged that critics have a "valid argument" against her decision to increase employers' national insurance contributions while defending the policy as necessary to fund the NHS.Speaking before Parliament's Treasury Committee on Wednesday, Ms Reeves accepted that the tax increase has attracted legitimate criticism from businesses and economists.The Chancellor said: "I do recognise, and it's a valid argument to s…
Reeves admits ‘valid argument’ against NI hike as youth joblessness nears one million - London Business News
Rachel Reeves has acknowledged that there is a “valid argument” against her decision to increase employers’ National Insurance contributions, especially as youth unemployment in Britain approaches one million. The Chancellor… The post Reeves admits ‘valid argument’ against NI hike as youth joblessness nears one million appeared first on London Business News
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