Former Bank of England governor Mervyn King urges Rachel Reeves to increase national insurance in Budget
Mervyn King, the former governor of the Bank of England, has made a dramatic intervention to warn Rachel Reeves that she must increase national insurance in her budget on 30 October. The Chancellor has an estimated £25bn black hole to fill to meet Labor’s spending commitments, according to the Institute for Fiscal Studies (IFS). However,… Read More »