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The Independent UK
The Independent UK
National
Andrew Woodcock

UK is only major economy to put up taxes during cost-of-living crisis, research finds

Reuters

Rishi Sunak is under renewed pressure to halt next month’s £13bn rise in National Insurance contributions, after fresh research showed the UK is the only major world economy to be raising taxes on working people during the cost-of-living crisis.

Labour called on the chancellor to ditch the 1.25 per cent hike lined up for both employees and employers on 6 April, using money he has reportedly stored away for pre-election sweeteners to voters.

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