UK's Hunt announces new cuts to National Insurance
- Economy
- Reuters
- Published Date: 04:53 | 06 March 2024
- Modified Date: 04:53 | 06 March 2024
British finance minister Jeremy Hunt on Wednesday said he would cut the rate of social security contributions paid by millions of workers for a second time in under four months before a national election expected later this year.
Hunt said the government would reduce National Insurance Contributions by 2 percentage points for employees and the self-employed.