Gareth Bacon

Gareth Bacon

Conservative — Orpington

Speaking in the House of Commons on 4 November 2025

Debate

Employer National Insurance Contributions: Business Impact

Contribution

It was always blindingly obvious that increasing employer national insurance would lead to an increase in business costs, which would lead to higher prices hitting working people directly, and to rises in inflation. Sure enough, inflation has risen steadily under this Government, and it is now at almost twice its recommended level. At the last Budget, we were told it was necessary to raise taxes on businesses by £25 billion to pay for the NHS, and large amounts of money have indeed been paid to unionised workers, but just yesterday the Office for National Statistics announced that NHS productivity had fallen by 1.5% since Labour took office. Can the Chancellor explain what exactly my Orpington businesses are paying more tax for?

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