Hiking national insurance could prove Labour's 'poll tax', business leaders warn Rachel Reeves

In the most vehement criticism yet, business leaders reacted with fury as Treasury officials refused to rule out raising employers' NI contributions.

But Anna Leach of the Institute of Directors said the tax hike on employers would be 'borne by workers', hitting jobs and wages He added: 'Reeves has no idea how business works and therefore no concept of what damage she might do. Asked about the possibility of the move, Darren Jones said: 'All tax changes will be announced by the Chancellor at the Budget to Parliament.

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