John Redwood

‘Disarray’ Over National Insurance Rises

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Labour’s shadow chancellor says the government is in disarray after Theresa May said Budget tax rises would not go before MPs until the autumn. John McDonnell called it a “partial U-turn” over National Insurance increases for self-employed workers. Prime Minister Mrs May defended the change as “fair”, amid a backlash from some Tory MPs and … Read more

UK Economy ‘resilient’ Despite £122bn Hit To Finances

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Philip Hammond opens his first Autumn Statement by looking at the UK economic figures. The UK economy is “resilient” despite forecasts that government finances will be £122bn worse off than previously expected by 2020, the chancellor said. In his Autumn Statement Philip Hammond said growth predictions had been cut as a result of the Brexit … Read more