Tax increases in the Budget are likely to hit workers in the pocket with lower pay rises, Rachel Reeves has admitted.
The Chancellor acknowledged her decision to raise national insurance contributions (NIC) for employers could affect wage growth for private sector workers, or companies will have to absorb costs.
Economics experts branded the increase a “tax on working people” which will “definitely” show up in their wages.
Talk’s Alex Phillips says: "This budget was ugly!"
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