Labour calls or an emergency budget over the cost-of-living crisis

Sky News published this video item, entitled “Labour calls or an emergency budget over the cost-of-living crisis” – below is their description.

Shadow Treasury Minister Tulip Siddiq tells Sophy Ridge that Labour wants an emergency budget to deal with the cost-of-living crisis.

Ms Siddiq criticised the rise in the rate of National Insurance among other measures that will hit peoples pockets.

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About This Source - Sky News

Sky News is a British free-to-air television news channel and organisation. Sky News is distributed via a radio news service, and through online channels. It is owned by Sky Group, a division of Comcast. John Ryley is the head of Sky News, a role he has held since June 2006.

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In This Story: National Insurance

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.

Introduced by the National Insurance Act 1911 and expanded by in 1948, the system has been subjected to numerous amendments in succeeding years. Initially, it was a contributory form of insurance against illness and unemployment, as well as eventually provided retirement pensions and other benefits.

Weekly income and some lump-sum benefits are provided for participants upon death, retirement, unemployment, maternity and disability. In order to obtain the benefits which are related to the contributions, a National Insurance number is necessary.

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Sophy Arabella Ridge is an English broadcast journalist. She worked as a journalist at the tabloid newspaper News of the World. Ridge then worked as a political correspondent for Sky News where she has presented Sophy Ridge on Sunday since 2017.

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In This Story: Ukraine

Ukraine is a large country in Eastern Europe known for its Orthodox churches, Black Sea coastline and forested mountains. Its capital, Kiev, features the gold-domed St. Sophia’s Cathedral, with 11th-century mosaics and frescoes. Overlooking the Dnieper River is the Kiev Pechersk Lavra monastery complex, a Christian pilgrimage site housing Scythian tomb relics and catacombs containing mummified Orthodox monks.

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