In the biggest fiscal measures of Wednesday's budget, raising an additional £25bn a year by the end of the parliament, Rachel Reeves announced an increase of 1.2 percentage points on the national insurance paid by employers, with the salary threshold at which this begins falling from £9,100 a year to £5,000.
While the chancellor said public sector organisations including the NHS would be reimbursed the extra payments, most care providers are run privately, and will thus be liable.
This story is from the November 01, 2024 edition of The Guardian.
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This story is from the November 01, 2024 edition of The Guardian.
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