A debt specialist has said the government's Budget did not go far enough to help struggling households.
Dan Bebbington from the Wrekin Housing Group in Shropshire said the National Insurance move would not help those on the lowest incomes.Jeremy Hunt, the chancellor, said in his Budget speech the National Insurance cut, to begin next month, is worth £450 a year for the average worker."Pensioners, who don't pay national insurance, will also see no benefit as a result of this policy change.
The government will collect 37.1p of every pound generated in the economy in 2028/29, according to today's forecasts from the government's spending watchdog, the OBR.Ms Morgan said: "We've seen a National Insurance cut, but actually people's taxes have gone up by a huge amount." Shaun Davies, the Labour leader of Telford and Wrekin Council said the National Insurance cut would "provide relief to some".