Tag Archives: government

How quickly they forget !!

Budget

The Chancellor has announced that the Government will raise the national insurance (NI) rate for the self-employed. But wasn’t this the same party which, in its election manifesto of just two years ago, said it would not increase NI? Behold the evidence…  

The £1.85trn debt black hole

The £1.85trn debt black hole

The government is currently sitting on a £1.85trn “hidden debt time bomb”, much of which is due to public pension liabilities, according to free-market think tank the Adam Smith Institute. Out of £1.3trn in liabilities owed by public-sector pension schemes, 93% are currently unfunded – meaning that instead of putting money aside today to cover […]