Kwasi Kwarteng could be set to deliver £30billion worth of tax cuts this week as part of his "mini Budget" as the Government comes under pressure to tackle the cost of living.
The new Chancellor is reported to be considering a reversal of the National Insurance hike - with reports suggesting workers will benefit from this from November.
The rate at which you pay National Insurance contributions was raised by 1.25 percentage points in April - up from 12% to 13.25%.
