Martin Lewis Quizzes MP On The Rise In National Insurance & The Cost Of Living Crisis | GMB

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Good Morning Britain published this video item, entitled “Martin Lewis Quizzes MP On The Rise In National Insurance & The Cost Of Living Crisis | GMB” – below is their description.

The chancellor has pledged to help “where we can make a difference”, as he faces pressure to help households with soaring living costs.

Ahead of next week’s Spring Statement, Rishi Sunak told the BBC he would “stand by” people, but warned sanctions against Russia were not “cost-free”.

He is facing calls from some Tory MPs to cut fuel duty to help ease rising costs at the pumps.

His Labour counterpart Rachel Reeves said her party would back such a move.

Broadcast on 21/03/22

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National Insurance (NI) is a fundamental component of the welfare state in the United Kingdom. It acts as a form of social security, since payment of NI contributions establishes entitlement to certain state benefits for workers and their families.

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