Oral QuestionTreasury

What assessment she has made of the potential impact of the increase in employer National Insurance contributions on businesses.

Tabled: 29 October 2025Answered: 4 November 2025

Asked by

Gareth Bacon

ConservativeOrpington

Answering Minister

the Chancellor of the Exchequer

Answer from Hansard

The Chancellor of the Exchequer (Rachel Reeves)

The previous Government left a £22 billion black hole in the public finances, and in the Budget last year I had to take urgent action to ensure our public finances were on a firm footing and to properly fund our public services, including a £29 billion investment every year in our national health service. The Opposition cannot support more investment in our public services unless they support the tax changes to pay for it.