A photo of different medicinal drugs, tablets and pills on blue background.

The Center for Policy Studies, a think tank with close ties to the ruling Conservative Party, has suggested that raising the threshold for paying NICs from £9,880 to £11,284 “would fully protect the low and middle earners – those on 27,500 pounds and less.” Such a move would cost around £4.5 billion, it estimates.

This post Sunak has £10bn windfall to alleviate cost of living crisis

was original published at “https://www.bloombergquint.com/global-economics/sunak-has-13-billion-windfall-to-ease-cost-of-living-crisis”