Labour says Hunt’s long-term plan to abolish national insurance amounts to a £46bn unfunded tax cut – UK politics live

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Labour says Hunt’s long-term plan to abolish national insurance amounts to a £46bn unfunded tax cut – UK politics live

Rachel Reeves, the shadow chancellor, said this would be a bigger tax cut than anything Liz Truss and Kwasi Kwarteng tried Jeremy Hunt has conceded that the Conservative will not be able to abolish employees’ national insurance, as he has said he would like to do (see 9.28am), any time soon,Asked when this might happen, he told Times Radio:That’s a huge job. [National insurance] raises an enormous amount of money. And I don’t think it’s realisti…