Sky News published this video item, entitled “Rishi Sunak defends National Insurance hike and meat eating” – below is their description.
Rishi Sunak has defended the National Insurance hike saying ‘it’s a progressive way to raise funds’.
The Chancellor’s budget announcement has been met with criticism by politicians saying it favours the more affluent and puts the burden on working class homes.
Sky News YouTube Channel
Sunak had been in hot water earlier in the week, from the Speaker of the House of Commons, for trailing his budget to the media before Parliament was given the chance to vote on it. He has amassed a personal team of former journalists, and has previously come under criticism for using his own signature to underscore Treasury media releases.
What do you think of Rishi Sunak and his recent budget? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.
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.
In This Story: Vote
Voting is a method for a group, such as a meeting or an electorate, in order to make a collective decision or express an opinion usually following discussions, debates or election campaigns. Democracies elect holders of high office by voting. Residents of a place represented by an elected official are called “constituents”, and those constituents who cast a ballot for their chosen candidate are called “voters”. There are different systems for collecting votes, but while many of the systems used in decision-making can also be used as electoral systems, any which cater for proportional representation can only be used in elections.
In smaller organizations, voting can occur in different ways. Formally via ballot to elect others for example within a workplace, to elect members of political associations or to choose roles for others. Informally voting could occur as a spoken agreement or as a verbal gesture like a raised hand or electronically.
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