Economy

Rises in employer national insurance are likely to hit staff wage increases, according to economic think tanks and employment sector leaders, following an Autumn Budget that will increase taxes...

In a bid to tackle worker exploitation, tax avoidance, and people who fail to pay their taxes on time, the chancellor unveiled a £1.4 billion investment for HMRC for...

The pensions industry expressed relief that the chancellor decided not to change how much cash people can withdraw from pensions tax-free. Prior to yesterday’s Budget there had been speculation...

Employer fears that chancellor Rachel Reeves would remove national insurance contributions pension relief did not materialise in today’s Budget. The chancellor did announce that the amount of national insurance...

Pensions will be included within the value of estates for inheritance tax purposes from April 2027, chancellor Rachel Reeves announced in today's Budget. The move comes as Reeves said...

Employer National Insurance contributions will increase from 13.8 percent to 15 percent from April 2025, chancellor Rachel Reeves has confirmed in the first Budget from the Labour government. The...

The National Living Wage (NLW) will rise from £11.44 to £12.21 an hour from 1 April 2025, chancellor Rachel Reeves confirmed last night ahead of her Budget speech today. ...

A government investment of £240 million to tackle economic inactivity and help disabled people and long-term sick into work has been welcomed as “joined up thinking”, by the CIPD....

Two providers have teamed up to launch a group income protection (GIP) scheme that uses gamification to combat increasing workplace absenteeism. The partnership, between employee benefits insurer MetLife UK...

Government pledges that tax hikes will not appear in the payslips of “working people” were repeated at the weekend, but with an increase in employer national insurance (NI) expected...