Calls to cut employer National Insurance for under-25s as UK budget approaches
Current overview (not historical)
Business leaders in Leeds and the Northwest Yorkshire Chamber of Commerce have urged the Chancellor to reduce employer National Insurance contributions for workers under 25 in the upcoming budget, arguing the 2024 levy increase has worsened youth unemployment and consumer spending power. While the Chancellor will deliver the first budget on October 28 and has ruled out cutting spending, she has not ruled out tax increases. The government cites historically high borrowing costs as a constraint.
Written with AI from the reporting · updated 10/22/2026
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- 1Unclassified fact stationOct 22, 13:37single sourcereport-time onlyrevised
企业呼吁降低25岁以下雇主国民保险
Read original source ↗ BBC BusinessReplay this moment in the explorerEvidence & revisions · 1 source records
- Subject:
- not recorded
- Action:
- 呼吁降低
- Object:
- 雇主国民保险
- Occurred (fact side):
- not recorded
- Published (valid side):
- Oct 22, 13:10
- First seen (known side):
- Oct 22, 13:37
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- BBC BusinessRelated fact: single sourceFact occurrence time unverifiedSource report revisedYorkshire businesses urge Chancellor to cut National Insurance contributions for under-25s
Report first recorded Oct 22, 13:37
The West & North Yorkshire Chamber of Commerce, representing 5,000 employers in the region, is urging Chancellor John Healey to cut National Insurance (NI) contributions for under-25s in his first Budget, which is scheduled for October 28. Businesses, such as Love in Care, said the 2024 increase in employers' NI contributions was an unexpected shock that is still impacting operations, and they are seeking tax reliefs to help them survive and grow. York College principal Ken Murray also called for VAT rebate claims for sixth-form colleges and suggested redirecting funding for unemployed courses to support upskilling for employed individuals.
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