Business Secretary Refuses to Rule Out Raising Employer National Insurance

The business secretary refused to rule out raising the amount of national insurance that employers pay when challenged on Sky News yesterday.

On the day of the government’s first ever investment summit in Central London, how will the prime minister win over business leaders after a tricky run up to the meeting? Asked if Elon Musk is not invited because he called the PM"two tier Keir" for his response to the riots over the summer, Mr Kyle replied:"Absolutely not. Our prime minister puts the country first, party second. He has said that numerous times.

The summit will be attended by executives from globally important companies such as Alphabet, BlackRock, Goldman Sachs and Deepmind. The International Investment Summit will comprise more than £50bn of deal announcements - or roughly twice the £28bn unveiled at the previous comparable gathering held under the former Conservative administration, and DP world's chairman, Sultan Ahmed bin Sulayem, will attend the conference after a frantic effort by UK ministers and diplomats to repair relations with the company.

The prime minister will be speaking at the event this morning, and we will also hear from the chancellor this afternoon, so do follow along here for the latest updates. But shadow work and pensions secretary Mel Stride told us it would breach Labour's pledge not to raise national insurance and would be a"jobs tax";

Join us again for the very latest from Westminster as the government hosts business leaders for its flagship investment summit.Tory peer predicts another leadership race in two years - as frontrunners show they 'make mistakes' Baroness Davidson said she thought it was likely that Mr Cleverly would receive a job in the shadow cabinet.The UK has joined 34 fellow countries that contribute to UN peacekeeping forces to"strongly condemn recent attacks" by Israel on the troops in Lebanon.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Business Secretary Rows Back From Transport Secretary's 'Rogue Operator' Claim On P&O FerriesBusiness Secretary Jonathan Reynolds has distanced the government from Transport Secretary Louise Haigh's description of P&O Ferries as a “rogue operator”, clarifying that this is not the official stance. He also emphasized the government’s commitment to workplace security and attracting investment despite these recent controversies.
Source: HuffPostUK - 🏆 108. / 51 Read more »