Rachel Reeves is also expected to lower the threshold for when employers start paying the tax, in next week's Budget.

Rachel Reeves is set to increase employers’ national insurance to help fund the NHS and balance the books, reports suggest. The chancellor will increase the tax by up to 2 percentage points, as well as cutting the earnings threshold at which businesses start making national insurance contributions.

British finance minister Rachel Reeves will increase employers' national insurance by up to 2 percentage points in the Oct. 30 budget as she seeks to fund the National Health Service (NHS) and balance the books,

With a few days to go until the Budget, experts are starting to piece together what we are likely to see - income tax and national insurance are unlikely to escape