Name: Hammond drops NI tax hike plan
Uploaded: 2017-03-15T20:14:09+00:00
Duration: 4 min 29 s
Description: Just a week after his very first budget, an embarrassing U-turn by the Chancellor, as he dropped plans to increase national insurance for the self employed. Philip Hammond had been facing an outcry over the tax hike, including from many Tory MPs who accused him of breaking a manifesto pledge.

Just a week after his very first budget, an embarrassing U-turn by the Chancellor, as he dropped plans to increase national insurance for the self employed. Philip Hammond had been facing an outcry over the tax hike, including from many Tory MPs who accused him of breaking a manifesto pledge.