Labour urges Sunak to scrap National Insurance hike

Labour’s shadow chancellor Rachel Reeves has reiterated her stance that the government ought to scrap its planned National Insurance hike. 

Reeves argued that the increase in contributions will be “unfair” on workers, reducing income” at the worst possible time”. 

“With inflation spiralling even further today, the choice before the Chancellor is clear. As he heads into his Spring Statement, he can either choose an unfair tax rise on working people and business at the worst possible time,” she explained.

“Or he can cancel his tax rise, and ease the cost of living hitting families by cutting energy bills by up to £600 through bringing in a one-off windfall tax on oil and gas producer profits,” she went on.