Quote of the day 20th December 2024

‘How can the Chancellor say this with a straight face? It is an outright falsehood.

‘Businesses and economic forecasters have made clear that higher employer NI means higher inflation and a bigger wage squeeze for working people.’

Former Bank of England official Andrew Sentance responds to a claim by the Chancellor that she had protected working people by not hiking their national insurance - even though the £40 billion of tax increases in her budget included a £25bn hike in national insurance contributions by employers.

Rachel Reeves' accused of 'outright falsehood' over budget boast

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