Financial Digest

UK Government Promises Lower National Insurance Bill and Boost Business Investment

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Economy News

UK,Government,National Insurance

Despite Brexit, UK's growth remains sluggish and public finances are under pressure. Tax burden is set to rise and departmental spending will be cut. The next UK government will face difficult decisions. Divergence between Britain and the Republic will be highlighted.

The UK government promises to lower national insurance bill and boost business investment, but Brexit has caused sluggish growth and pressure on public finances. Despite the national insurance cut, tax burden is set to rise and departmental spending will be cut. The next UK government, likely to be Labour, will face difficult decisions. The divergence between Britain and the Republic will be highlighted, as the Republic's State investment and spending are increasing.

Labour could change course, but this would require raising taxes

 

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