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The Latest Breaking News from National Insurance

Labour's National Insurance changes will cost us more than £5m, Scottish council says

THE Labour Government’s changes to employers’ National Insurance (NI) contributions will cost one Scottish council more than £5 million, it…

The National (Scotland) · Nov 27, 2024

Alba set out terms for supporting Scottish Budget

THE Alba Party have said the introduction of universal free school meals will be part of their terms for supporting the Scottish Budget.

The National (Scotland) · Nov 26, 2024

Kate Forbes: Labour National Insurance hike will dent economic growth

LABOUR have failed "a question of basic competence" by bringing in a hike to employers' National Insurance contributions…

The National (Scotland) · Nov 26, 2024

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OPINION - QR codes in restaurants are the heralds of automation — we should ban them

There is a generational divide when it comes to QR codes and I am on the far side of it. But there’s going to be more, many more of them around, according to this paper’s genius business editor, Jonathan Prynn. It’s all about the increase in employers’ National Insurance in…

Evening Standard · Nov 25, 2024

UK Government 'to give Scotland £300 million' for Budget tax hike compensation

THE UK Government has said it will give the Scottish Government an additional £300 million to cover the planned increase to employers’ National…

The National (Scotland) · Nov 25, 2024

The £5bn-a-year tax timebomb that’s set to devastate London hospitality

A survey of 400 business owners across all sectors found that almost 60 per cent have put hiring plans on hold as a result of the National Insurance rise

Evening Standard · Nov 25, 2024

B&Q owner Kingfisher warns of £31 million hit from National Insurance changes next year

Blow revealed as CBI boss says NI reforms will hit profits, investment and growth

Evening Standard · Nov 25, 2024

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‘Charity tax’ rise will hurt antisemitism fight, Rachel Reeves warned in latest Budget pushback

Labour chancellor told surprise rise in employers national insurance contributions will hit fight against antisemitism, after anti-Jewish hate incidents reached a record high in the first half of this year

The Independent UK · Nov 24, 2024

Universities ask for Scottish Government for more money amid UK tax hikes

UNIVERSITY bosses have asked the Scottish Government for more money following the UK Government’s National Insurance hike ...

The National (Scotland) · Nov 21, 2024

Most Scots believe UK Budget will leave them worse off, poll says

THE majority of Scots believe the UK Budget will leave them worse off, a fresh poll has suggested.

The National (Scotland) · Nov 21, 2024

Reeves under fire for Budget 'c**k up' with NI hike on employers hitting London hospices, charities and GPs

Minister defended the huge tax raid to better fund the NHS

Evening Standard · Nov 15, 2024

Parents face higher nursery fees due to national insurance hike, charity warns

Two in five senior staff in childcare settings have said changes in the Budget could lead to permanent closures unless the Government takes action.

Evening Standard · Nov 12, 2024

FTSE 100 Live 11 November: NatWest cuts Treasury stake with £1bn buyback, Bitcoin tops $81,000

The Government’s NatWest stake is down to 11.4% after the lender spent £1 billion buying its shares from the Treasury.

Evening Standard · Nov 11, 2024

Hospitality bosses warn national insurance changes ‘unsustainable’

The main tax rise in Rachel Reeves’s fiscal statement was a change to employers’ national insurance contributions.

Evening Standard · Nov 9, 2024

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Evening Standard · Nov 7, 2024

Rachel Reeves NI hike may push up prices, cut jobs and squeeze pay rises, says Bank of England governor

Chancellor Rachel Reeves’ increase in National Insurance on employers may push up prices, cut jobs and squeeze pay rises, says the governor of the Bank of England.

The National (Scotland) · Nov 3, 2024

National Insurance hike could force Scottish care homes to shut doors

CARE homes across Scotland could be forced to shut their doors as a result of the Budget hike in employers’ National Insurance (NI) payments, it…

The National (Scotland) · Oct 31, 2024

Is Scotland being short-changed on funding technicality in the Budget?

BUDGETS always throw up a host of questions that can’t be easily answered in time for paper deadlines or the Six O’Clock News – not least of…

The National (Scotland) · Oct 31, 2024

Labour Budget raises '£500 million question for Scotland', First Minister says

RACHEL Reeves’s Budget has left a “£500 million question” for Scotland, the First Minister has said ...

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Evening Standard · Oct 31, 2024

OPINION - The Standard View: Labour's National Insurance raid will hit "working people"

It was not all that long ago the Labour Party was campaigning for government, promising to prioritise economic growth, and reassuring voters that vast tax rises were not necessary. Yesterday’s Budget put paid to that.

Evening Standard · Oct 31, 2024

Millions of workers to see £600 pay rise hit from National Insurance hike on businesses, says Budget watchdog

The Office for Budget Responsibility stressed three quarters of the rise in National Insurance on employers would ultimately feed through into lower wage increases for employees

Evening Standard · Oct 31, 2024

Taxes to rise higher AGAIN in next few years and wage increases hit, warn IFS economists after Reeves Budget

The Institute for Fiscal Studies also stressed that much of the National Insurance rise on employers would feed through into smaller pay rises for workers

Evening Standard · Oct 30, 2024

Fact check: Budget 2024 claims about National Insurance, bus fares and growth

Round up of fact checks about the Autumn Budget 2024, compiled by Full Fact.

Marie Claire · Oct 30, 2024

What does the Autumn Budget mean for women?

Everything you need to know about Rachel Reeves’ Autumn Budget 2024 and what it means for you

Cycling Weekly · Oct 30, 2024

Budget has 'betrayed' local bike shops, says British retailer association

More money to combat potholes and active travel funding also announced in budget

The National (Scotland) · Oct 30, 2024

Scotland's hospitality sector issues warning over Labour Budget

SCOTLAND’S top hospitality operator has warned the Chancellor’s decision to raise National Insurance contributions could “certainly cost…

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