Labour Warned Over Potential National Insurance Hike

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A potential rise in employer national insurance contributions could hurt businesses and limit pay rises, experts warn.

  • British employers are concerned about a possible increase in employer national insurance contributions.
  • The potential hike is part of Labour's plans to fill a £22bn hole in the public finances.
  • The hospitality sector, where staffing costs are the biggest business expense, would be particularly affected.
  • Labour's manifesto promised not to raise taxes on working people.
  • The Institute for Fiscal Studies says such a move would breach the manifesto.
  • The Confederation of British Industry and the British Chambers of Commerce also oppose the potential increase.
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