Lowest paid workers to gain just 63p a MONTH under Liz Truss's National Insurance cut

The lowest paid workers will gain just 63p a MONTH under Liz Truss's plans to reverse the National Insurance hike, while the richest Brits get back £150, new analysis shows.

The Institute for Fiscal Studies (IFS) thinktank warned that scrapping the 1.25 per cent NI rise would benefit wealthier households and do little to help the poorest workers.

Chancellor Kwasi Kwarteng is expected to unveil a package of tax cuts costing an estimated £30 billion in a "mini budget" on Friday as the Government fires into action after the national mourning period.