Britain’s poorest will save just 63p a month from Liz Truss’s vow to reverse National Insurance hike according to think tank which says richest will save £150 from move that will mostly help people earning more than £100,000
- Chancellor expected to axe the 1.25 percentage point rise after just six months
- But Institute for Fiscal Studies said the move will be of most help to the well-off
- People earning over £100,000 a year will benefit the most, around £150 a month
Plans to reverse April’s National Insurance increase will save Britain’s poorest just 63p a month, Liz Truss was warned today.
The Government is expected to axe the 1.25 percentage point rise after just six months on Friday in a move designed to help ease the…