Workers to be hit in the pocket with employers passing on £25bn National Insurance tax raid

Workers to be hit in the pocket with employers passing on £25bn National Insurance tax raid …C0NTINUE READING HERE >>>

MILLIONS of workers are braced for a pay squeeze after Rachel Reeves launched a tax raid on firms.

The Chancellor insisted her Budget would protect the nation’s employees as per Labour’s manifesto.

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Millions of workers are braced for a pay squeezeRachel Reeves delivered her first Budget today

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Rachel Reeves delivered her first Budget todayCredit: PA

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But top economists warned her National Insurance hike on bosses would ultimately be felt by their staff in reduced wage rises. 

The Institute for Fiscal studies said: “Somebody will pay…

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