Budget National Insurance rises ‘make system fairer’

Media captionThe chancellor announcing the rise in National Insurance for self-employed Philip Hammond has rebuffed calls for a rethink on National Insurance increases for millions of self-employed workers announced in the Budget. The measure, which breaks a 2015 manifesto pledge on NI contributions, would result in 1.6 million people paying ?240 on average more every […]

Budget 2017: ?2bn for social care and tax rise for self-employed

Media captionThe changes are expected to raise ?145m a year by 2021-22 Chancellor Philip Hammond has increased National Insurance bills for self-employed people in his first Budget – leading to accusations he has broken a manifesto pledge not to raise taxes. There was also ?2bn for social care services in England, and help for firms […]

Budget 2017 summary: Key points at-a-glance

Philip Hammond has delivered his first Budget as chancellor. These are the key points of what he has said. Personal taxation The main rate of National Insurance contributions for the self-employed to increase from 9% to 10% in April 2018 and 11% in April 2019 The Class 4 rate is levied on earnings of more […]

Budget is out of touch, says Jeremy Corbyn

Media captionJeremy Corbyn attacks the government over Budget ‘complacency’ The government’s Budget is one of “utter complacency” about the state of the UK economy, Jeremy Corbyn has said. The Labour leader said the budget was “entirely out of touch with reality” of life for millions and did not address the “crisis” facing public services. He […]

Budget measures ‘worth ?350m’ to Scotland

Media captionChancellor Philip Hammond announces ?350m in additional funding for Scotland in his Spring budget The Scottish government will receive a ?350m funding boost as a result of measures announced in his budget, the chancellor has said. The additional Barnett formula money will come from increased UK government spending on areas such as education. Mr […]

In quotes: Reaction to the Budget

In quotes: Reaction to the Budget

Image copyright Hoc/AFP Here is a round-up of reaction to Philip Hammond’s Budget. Shadow chancellor John McDonnell said Labour would oppose an increase to National Insurance contributions, calling it a “?2bn Tory tax on self-employed, low and middle earners”. “Tory tax hikes whilst doing nothing to address the crisis in our NHS – Tory Budget […]

Brexit rebel Lord Heseltine sacked from government role

Brexit rebel Lord Heseltine sacked from government role

Image copyright EPA Image caption Lord Heseltine was one of 13 Tory peers to defy the government Conservative former Deputy Prime Minister Lord Heseltine has been sacked as a government adviser after rebelling over Brexit in the House of Lords. Lord Heseltine backed the demand for a parliamentary vote on the final deal to be […]

Budget 2017: Hammond’s ‘upbeat’ message over Brexit future

Budget 2017: Hammond’s ‘upbeat’ message over Brexit future

Image copyright Getty Images Image caption Theresa May has urged her chancellor to help “just managing” families Chancellor Philip Hammond is to use his first Budget on Wednesday to help prepare Britain for a “new chapter” in its history following the Brexit vote. In an “upbeat” speech, he is expected to say the economy has […]

Brexit: Government suffers second defeat in Lords

Brexit: Government suffers second defeat in Lords

Image copyright PA Image caption Former deputy PM Lord Heseltine was among those to defy the government The government has suffered a second Brexit defeat in the House of Lords as peers backed, by 366 votes to 268, calls for a “meaningful” parliamentary vote on the final terms of withdrawal. Backing the move, former deputy […]

Justin Welby: Second EU referendum would deepen Brexit divisions

Media captionSecond referendum would ‘add to divisions’, Justin Welby tells peers Holding a second EU referendum would deepen divisions over Brexit, the Archbishop of Canterbury has warned. Speaking in the House of Lords, the Most Reverend Justin Welby said a “national reconciliation” was needed. Peers, who are scrutinising Theresa May’s Brexit bill, rejected calls for […]

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