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Evening Standard
Evening Standard
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Rachelle Abbott

The Leader podcast: What does the National Insurance increase mean for Londoners?

National Insurance

The pain of the national insurance increase will be felt by people on their next payday, as they try to juggle surging living costs on a shrinking pay packet, experts have warned (Nick Ansell/PA)

(Picture: PA Archive)

There’s another blow in the cost of living crisis. From today the National Insurance increase comes into effect.

It means that workers, businesses and the self-employed will now pay an extra 1.25p in the pound.

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