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The Latest Breaking News from Insurance

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)

Reeves admits tax hikes will hit working people as IFS accuses chancellor of ‘undermining trust’

Rachel Reeves was forced to accept that her decision to raise employers’ national insurance contributions will lead to workers being paid less, but asked, ‘what alternative was there?’

The Independent UK

Budget: Hairdresser breaks down in tears during live TV interview: ‘Our industry is done’

A hairdresser broke down in tears during a live television interview over the hike in national insurance announced in Labour’s historic budget.

The Independent UK

From analysis to the latest developments in health,
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Black Americans suffer worse health

The United States has made almost no progress in closing racial health disparities despite promises, research shows

Salon

Fact check: Would Trump slash social security and Medicare?

Kamala Harris claims Donald Trump would allow medical insurance companies to deny coverage for pre-existing conditions.

Al Jazeera

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

Watch: Starmer and Reeves speak after Labour’s £40bn tax-raising Budget

Watch as Sir Keir Starmer and Rachel Reeves deliver remarks during a visit to the West Midlands after the Budget announcement on Wednesday.

The Independent UK

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Ed Davey: care sector will be ‘pushed to brink’ by national insurance hike and should be exempt

Lib Dem leader says rise in employers’ contributions risks worsening NHS crisis

The Guardian - UK

‘There will be consequences’: budget may mean smaller pay rises, says Reeves

Increase in employers’ national insurance contributions will affect businesses but is projected to raise £25bn

The Guardian - UK

Lower pay rises likely due to Budget tax rises, Rachel Reeves admits

The Chancellor acknowledged her decision to raise national insurance contributions for employers could impact wage growth for workers.

Evening Standard

Lower pay rises likely due to Budget tax increases, Rachel Reeves admits

The Chancellor acknowledged her decision to raise national insurance contributions for employers could affect wage growth for workers.

The Independent UK

UK politics live: Budget means weekly pay to rise just £13 in 20 years as IFS calls Reeves’s plans ‘unrealistic’

The Resolution Foundation has warned that the pay outlook is “dire” and many UK workers will not feel any better off by the end of this Parliament

The Independent UK

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

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

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Investors Business Daily

Stocks Showing Improved Relative Strength: Hanover Insurance Grp

Hanover Insurance Grp shows rising price performance, earning an upgrade to its IBD Relative Strength Rating

Evening Standard

Papers react to Labour’s Budget ‘gamble’

There was a mix of optimism and pessimism with the national papers’ views on Rachel Reeves’s Budget.

InsideEVs

How Much Will An EV Really Cost Me?

Electric cars are quick, green and often packed with novel technology. But that’s not enough to convince most people to kick gasoline to the curb. They need to know: Will an EV cost me extra or save me money in the long run?

Evening Standard

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.

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The Guardian - UK

‘That’s two people we won’t hire now’: bosses react to Reeves’s tax rises

Employers say they will be counting costs of budget amid increases to national insurance contributions

The National (Scotland)

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…

The Independent UK

Employer national insurance hike to slow hiring and wage growth, critics say

Rachel Reeves announced the tax increase in her autumn Budget statement to the House of Commons.

Evening Standard

Housing, tax rises, train fares and pub pints: What Rachel Reeves' Budget means for Londoners

There was good news for London transport, with the Chancellor committing £485million for TfL’s capital renewals programme and confirming HS2 will go to Euston

The National (Scotland)

Economists react to the Budget with pay cut fears

LABOUR tax hikes on employers will cut pay for workers, according to a leading think tank.

The National (Scotland)

Employer National Insurance contribution to rise to 15 per cent

Chancellor Rachel Reeves announced the expected increase in employers’ National Insurance contributions, but thrown a possible lifeline to small…

The National (Scotland)

Businesses fear impact of increased employer National Insurance contributions

National Minimum Wage increases and an increase in employer National Insurance contributions in the Autumn Budget may be the final nails in the…

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