Reeves 'not immune' to criticism over NI hike

Quick Summary:

The chancellor defends the rise in employer contributions telling BBC public finances had to be strengthened.

However, she said Labour's pledge "not to increase for working people the key taxes they pay - income tax, National Insurance and VAT - that is a commitment for the duration of this parliament".

Asked if she could rule out putting up more taxes during this parliament, Reeves said she was "not going to write four or five years' worth of Budgets" on the programme.

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Article Details

Category: Business

Markets: United Kingdom

Topics: Labour People Employers Taxes Budget Rise Rises Been Reeves Chancellor

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-03 @ 19:49:21 (2 days ago)

News Timezone: GMT +0:00

News Source URL: bbc.com

Language: English

Article Length: 1199 words

Reading Time: 7 minutes read

Sentences: 39 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BBC Business

News ID: 23440802

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Official Website: bbc.co.uk

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News Last Updated: 15 hours ago

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