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Evening Standard
Evening Standard
World
Josh Salisbury

Labour 'scaremongering' after claiming Tory plan to abolish National Insurance is threat to state pension

National Insurance Insurance Jeremy Hunt NHS

Chancellor Jeremy Hunt has accused Labour of “scaremongering” over his party’s plans to abolish National Insurance contributions.

Mr Hunt announced plans to cut the main rate of employee National Insurance by 2p from 10% to 8% from April 6 as part of his spring Budget earlier this month, adding that ministers eventually wanted to abolish the tax.

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