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Evening Standard
Evening Standard
World
Rachael Burford

Rachel Reeves signals National Insurance hike in Budget as Chancellor vows tax system to 'support wealth creation'

The Chancellor has given the clearest signal yet that businesses will face a hike in National Insurance contributions in the Budget later this month.

Rachel Reeves vowed to create a tax system that supports wealth creation, but warned she faces “difficult choices” ahead of the Autumn Statement on October 30.

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