Labour Left's £120BILLION tax menu: MPs tell Reeves to hike NICs again, target banks and hammer shareholders to fund 'unsustainable' spending splurge ○
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a story from The Daily Mail 💩 › The Daily Mail
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NICs
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7 months ago
Keir Starmer has urged to raise up to £120billion from Brits by increasing national insurance again, targeting banks and hammering shareholders.
8 months ago
Major pub chain forced to hike the cost of a pint by 15p after Labour's tax grab landed it with extra £8million staff costs ○
Fuller's says the rise in national insurance contributions (NICs) from last October's budget as well as the higher minimum wage from April has left the firm badly hit.
9 months ago
Rachel Reeves 'faces having to hike income tax, NICs or VAT this Autumn' to fill gaping hole in public finances as Cabinet war over spending cuts rages ○
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a story from The Daily Mail 💩 › The Daily Mail
Rachel Reeves faces having to fill a gap of between £10billion and £30billion in the public finances, with growth slowing and Trump's tariffs hitting global trade.
Another hammer blow for Rachel Reeves as government borrowing soared to highest outside Covid in April despite huge NICs raid on firms ○
Embattled Rachel Reeves saw the public sector rack up £20.2billion of borrowing last month, far more than the £17.6billion analysts had expected.
Labour's jobs downturn: Fall in payrolls and vacancies gathers pace as Rachel Reeves' NICs raid hits - with unemployment nudging up ○
Numbers on payrolls were down 33,000 in April according to early estimates, having dropped 106,000 in the past year to 30.3million.
Wes Streeting: I will defend the tax rises funding 8.3m GP appointments ○
Exclusive: Health secretary to challenge Reform on how it would fund investment in NHS
Wes Streeting will launch a vocal defence of the party’s tax rises on Tuesday, pledging an extra 8.3m GP appoint…
10 months ago
Alarm as closely-watched PMI shows worst slowdown since 2022 amid Trump tariffs and Labour's NICs raid - with fears Reeves will be forced to hike taxes again ○
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a story from The Daily Mail 💩 › The Daily Mail
The flash PMI survey for this month found activity has tumbled amid Donald Trump 's trade tariffs and the impact of Labour's national insurance hike.
Workers facing a hit of up to £11,000 over the next five years due to Labour's 'job tax' as National Insurance rise comes into effect ○
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a story from The Daily Mail 💩 › The Daily Mail
Chancellor Rachel Reeves' hike to employer National Insurance contributions (NICs), which she announced in October, is now in effect and is set to keep down wages.
Is Labour smashing the first rung on the jobs ladder? IFS warns young people face being shut out of work as businesses reel from NICs raid and minimum wage hikes ○
The Institute for Fiscal Studies has raised concerns about 'long-lasting' effects on the careers of a generation as a result of the policies.
Is 'April Bills Day' just the start? Brits are hit with hikes to council tax, energy, water, NICs and vehicle duty... amid fears burden will have to rise AGAIN due to Trump tariffs ○
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a story from The Daily Mail 💩 › The Daily Mail
Brits face an 'Awful April' of domestic tax rises and bill increases hammering family finances starting today - with fears Donald Trump 's tariffs will soon push the burden even higher.