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The Latest Breaking News from Insurance

Autumn statement: what national insurance cuts and other changes mean for young people

At first glance, Chancellor Jeremy Hunt’s autumn statement appears to reduce the tax burden, increase pay and make our lives a bit easier. But given the cost of living and other pressures, the big picture is not as pretty. If you’re a young professional, here’s what the changes could mean…

The Conversation

What is national insurance and who will benefit from Jeremy Hunt’s cuts?

With national insurance at the centre of the autumn statement, we explain how this complicated UK tax works

The Guardian - UK

Fortune 500 insurance and mortgage firm FNF shuts down network following cyberattack

Many of FNF's services were unavailable, affecting the wider industry.

TechRadar

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Ukraine war: it may be stalemate on land, but Kyiv's Black Sea success could bring wider benefits this winter

As the attention of the world centres on the war in Gaza, many commentators believe that the war in Ukraine is becoming a stalemate. To date, Ukraine’s highly anticipated summer counteroffensive has not resulted in any substantial territorial gain, and Russia has not made any progress either.

The Conversation

Chhattisgarh shows progress, but has a long way to go | Data

Chhattisgarh's social indicators have improved in recent years, but it still ranks in bottom half of most parameters. In 2019-21, it had an infant mortality rate of 44.3 and ranked 28th. It improved in six of eight parameters, declined in one, and remained unchanged in another. It ranks 23rd in…

The Hindu

Jeremy Hunt denies opting for pre-election ‘crowd-pleasing taxes’

Chancellor defends decision to cut national insurance by 2p, while Labour says rise in energy bills will absorb tax cuts

The Guardian - UK

Tax cuts give voters ‘clear choice’ at election – Hunt

The Chancellor defended his tax cuts after economists warned they would pile pressure on strained public services.

The Independent UK

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Rajasthan government’s Chiranjeevi scheme ‘model’ for country; insurance coverage hike will benefit poor: Jairam Ramesh

Rajasthan government’s Chiranjeevi scheme: The Congress on November 23 said its Chiranjeevi Health Insurance Scheme in Rajasthan is a “model” for the entire country.

The Hindu

Insurance Council warns higher prices 'baked in'

The Insurance Council of Australia chief says households and businesses are feeling the squeeze, with more people forced to forego or reduce insurance coverage.

AAP

A tussle between the federal and state governments over disability supports is looming. What should happen next?

Over the ten years since the National Disability Insurance Scheme (NDIS) was launched, its design, operations and costs have been scrutinised by governments, the media, the legal system, researchers and people with disability and their advocates.

The Conversation

Hunt hints at more tax cuts before next election after ‘making a start’

The Chancellor faces further analysis from the Office for Budget Responsibility on the autumn statement.

The Independent UK

Autumn statement: what do Jeremy Hunt’s changes mean for your money?

The chancellor’s plans will have an impact on Britons’ NI, tax, savings, pensions and more

The Guardian - UK

Jeremy Hunt’s autumn statement tax cuts fuel talk of spring election

Chancellor unveils 2p national insurance cut but thinktanks warn next government faces fresh round of austerity

The Guardian - UK

Jeremy Hunt hails biggest tax cuts since Thatcher but plans condemned as ‘not good for growth’

Chancellor ‘opens the door to May election’ with national insurance giveaway and hint of income tax cut in spring

The Independent UK

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The Independent UK

Sunak ‘opening the door’ to May election with tax giveaway, says Osborne

Government hoping voters ‘feel effects’ of January’s national insurance cut by spring, says ex-chancellor

The Guardian - UK

Conservative MPs urge Jeremy Hunt to go further on tax cuts

Right wing of party says income and inheritance taxes must be reduced, but Labour says growth has ‘hit a dead end’

The Conversation

Autumn statement: experts react to national insurance and business tax cuts

The UK chancellor, Jeremy Hunt, as announced a raft of changes to the tax and benefit system as part of the government’s autumn statement. They included:

The Guardian - UK

Autumn statement 2023: what it means for people on a range of incomes

How Hunt’s measures on tax, NI and benefits will affect single people, couples and those receiving pensions in England, Wales and Northern Ireland

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The Independent UK

Hunt claims UK has ‘turned a corner’ as he slashes national insurance

With an eye on next year’s election, Chancellor Jeremy Hunt began easing the tax burden but it will still hit a record high.

The Independent UK

Tax projection calculator: See how Jeremy Hunt’s autumn statement will affect you

Enter your details to see whether you’re better or worse off following chancellor’s budget as he cuts national insurance

The Guardian - UK

Will Jeremy Hunt’s autumn statement revive the Tories’ election chances? Our panel responds

National Insurance cut; pensions and benefits increased. But is that enough to distract from sluggish growth and the rising cost of living?

The Independent UK

Winners and losers from Jeremy Hunt’s autumn Budget

Chancellor sets out national insurance cut and pensions boost – but warns benefits crackdown on the way

Evening Standard

Size of Hunt’s cut to National Insurance contributions stands out ahead of election year

Around 27 million workers will get a boost in take-home pay from January

The Independent UK

Hunt begins to ease historically high tax burden with eye on Tory election hopes

The Chancellor said high employment taxes ‘disincentivise hard work’.

Evening Standard

Jeremy Hunt slashes National Insurance in go-for-growth Autumn Statement but tax burden still rising

Millions set to pay higher rate of income tax in future as wages rise but thresholds remain frozen

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