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Businesses welcome Tory NI promise

30th March 2010

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Chancellor George Osborne

Chancellor George Osborne

CONSERVATIVE Party plans to block Labour’s rise in National Insurance (NI) has largely been welcomed by businesses in the West Midlands.

Branded a “tax on jobs” the Chancellor’s decision to raise NI, first announced in his pre-Budget of 2008 and then increased in April 2009, has not been popular with businesses as they come out of a recession.Under the measure proposed by the Chancellor both employees and employers will see their rates rise by 1% in April 2011.

However, the shadow chancellor G......for the full story register now for free or login below...


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