Watch Rachel Reeves face questions at Treasury Committee

Reeves: ‘Valid’ to say national insurance hike should not have happened

However, the Chancellor insisted the move announced in 2024 was needed to put money into public services. Rachel Reeves has said there was a “valid argument” that she should not have hiked employers’ national insurance contributions after the number of jobless young people edged closer to one million. But the Chancellor insisted the move announced in 2024 was needed to put money into public services. Appearing before Parliament’s Treasury Commit…

Rachel Reeves admits it's valid to say major Budget tax hike 'should not have happened'

Chancellor Rachel Reeves has acknowledged that critics have a "valid argument" against her decision to increase employers' national insurance contributions while defending the policy as necessary to fund the NHS.Speaking before Parliament's Treasury Committee on Wednesday, Ms Reeves accepted that the tax increase has attracted legitimate criticism from businesses and economists.The Chancellor said: "I do recognise, and it's a valid argument to s…

Reeves: 'It is Valid' to Say Labour Shouldn't Have Raised National Insurance

During Reeves' Treasury Committee appearance this morning in which the Chancellor said she supports releasing strategic oil reserves, she also said there

Watch Rachel Reeves face questions at Treasury Committee

Chancellor Rachel Reeves appears before MPs on the Treasury Select Committee to answer questions on the spring statement and the impact of Iran war on economy