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Labour's National Insurance hike 'could spark hiring freeze'

MailOnline
Summary
Nutrition label

77% Informative

Chancellor Rachel Reeves announced a slashing of the threshold at which employers begin making NI contributions from 9,100 to 5,000 from next April .

She also hiked the rate of employers paying NI by 1.2 per cent to 15 per cent - but NI will not be hiked for employees.

Industry insiders say the move will only prompt employers to cut the number of people they plan to hire.

VR Score

79

Informative language

78

Neutral language

25

Article tone

semi-formal

Language

English

Language complexity

42

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Affiliate links

no affiliate links