Employers' National Insurance Hike To Raise £20Bn

[naomi24]

//The chancellor is set to increase the National Insurance rate for employers to boost funding for public services including the NHS.

Rachel Reeves is also expected to use Wednesday's Budget to lower the threshold for when employers start paying the tax - with the two measures combined to raise about £20bn.//

 

https://www.bbc.co.uk/news/articles/c9wrkngvyx4o

 

 

Cue job losses and a reluctance to invest.  Clever!

[Old_Geezer]

And after claiming they weren't going to, too. I mean before the garbage excuses of, "No we meant this, not that".

[douglas9401]

One cannot lay misinformation solely at the feet of Labour, they're no better or worse than any other party when it come to laying it all out.

Remember there are many, many lawyers in politics these days and telling the truth is a foreign country to them.

[newmodarmy]

It'll only put pressure on costs and jobs in the private sector. The public sector will not be affected. As the Independent says:

"The burden will fall entirely on the private sector, with public sector employers such as the NHS and Government departments reimbursed by the Treasury. The current national insurance rate paid by employers is 13.8 per cent. Ms Reeves is set to increase this between one and two percentage points,"

[naomi24]

//One cannot lay misinformation solely at the feet of Labour//

 

We'll find out this week if it's misinformation - and I don't see anyone other than Labour doing it.

[naomi24]

//It'll only put pressure on costs and jobs in the private sector.//

 

Only .... 

[douglas9401]

Big sigh.

[david small]

  They want to spend more on the NHS. Good money after bad. It needs reform not squandered resources.

[Khandro]

Not one member of this labour cabinet has ever had any business experience let alone run a business.

Anyone running a small business and is contemplating taking on extra staff will probably be put off by this and the other discussed, restricting measures to be imposed on them.

This government really seems incapable of joined-up thinking. 

[Ryzen]

6th form, fag packet politics.

[nicebloke1]

First off ABs have been complaining about the government borrowing money, now you complaine about ways of raising money. Do you really think that this labour government are the only government to have taken this action on raising these to items. Really? Could this be another, can't do right for doing wrong, but its all wrong if a labour government do it. •<:○)

[barry1010]

Every single thing is going to be more expensive. There will be more demands for wage increases, so things will get more expensive - on a merry roundabout we can't get off.

[nicebloke1]

Every single thing is and has been more expensive for the last 3 years. You will no doubt hear the screaming and shouting about this increase for a little while then disappear.

[Ryzen]

All the money collected from the private sector will go into the non productive, public sector, so how will this feed the growth we keep hearing about from the Liar the Witch and the Wardrobe?

[nicebloke1]

You have 2 options, make money or borrow it.

[Ryzen]

You forgot the 3rd.....STOP WASTING IT!!

[nicebloke1]

KS did stop the waste, he got rid of the cons

[Ryzen]

Same trough..different pigs.

[nicebloke1]

The fat pigs have gone thank the lord.We are aiming for meat on the bone.

[Khandro]

Vote Reform - but when ?

[Ryzen]

Nice day for fishing...have you been today?