Rachel Reeves: Nigel Lawson was ‘right’ on not abolishing National Insurance UK Politics Labour’s shadow Chancellor, Rachel Reeves, speaking in the City of London today, set out her party’s attack lines on the Tories’ economic record following the local and mayoral elections last week.
Spring Budget 2024: High earners set to pay more tax under band freeze, analysis suggests Spring Budget 2024 Chancellor Jeremy Hunt has announced that National Insurance will be cut by 2p to lower the tax burden ahead of a general election. But analysis from investment platform AJ Bell has found that high earners are set to pay more overall under the government's tax band freeze.