Mel Stride, the conservative chairman of the influential treasury select committee, made a final appeal this morning to Rishi Sunak not to continue the government’s National Insurance hike.
The increase is due to be rolled out next month, but Mr Stride urged the Chancellor to reconsider as he branded it a ‘jobs tax’.
During an interview on the BBC’s Radio 4 Today programme, Mr Stride was asked what he wanted to see from Mr Sunak in today’s Spring Statement.
He replied: “I think there are several things. One is fuel, diesel and petrol, the prices are skyrocketing and I think we can largely expect the Chancellor to reduce the level of rights there just to make it easier for consumers, individuals, but also businesses.
“But I think the second thing is national insurance. Now personally that’s not an opinion expressed by the committee I represent, but I personally think they should drop the proposed increase in insurance national.
“It’s a tax on jobs, it’s going to be felt harder both by individuals but also by businesses, but it’s likely to do something on the threshold and that’s going to help those who are less well off. have because it will prevent a number of people from paying national insurance and also help low-income families.”