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Daily Mirror
Daily Mirror
Business
Emma Munbodh

More calls for Chancellor to delay tax hike amid 'worst pay squeeze in 200 years'

The Chancellor is facing fresh calls to suspend a planned National Insurance tax hike from April as households prepare for the ‘worst pay squeeze in 200 years’.

It comes weeks after the Prime Minister and Rishi Sunak confirmed it will go ahead to plug a social care black hole - despite an escalating cost of living crisis.

Almost three-quarters of companies questioned in a report by the British Chambers of Commerce (BCC) said they will up prices in response to rising living costs, including energy bills and the NI increase coming into effect in April.

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