What are National Insurance and income tax and what could change in the Budget?

BBC NewsFriday, October 10, 2025 at 11:20:32 AM
What are National Insurance and income tax and what could change in the Budget?
Experts are raising concerns that the government might go back on its promise not to increase income tax, National Insurance, or VAT for working individuals. This potential shift could significantly impact the financial landscape for many, making it a crucial topic as the Budget approaches.
— Curated by the World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
White House Signals Federal Layoffs Have Begun Amid Government Shutdown
NegativeFinancial Markets
The White House has indicated that federal layoffs have started as a result of the ongoing government shutdown. This situation is concerning as it not only affects the livelihoods of federal employees but also has broader implications for government services and the economy. The shutdown highlights the urgent need for a budget agreement to prevent further disruptions and ensure that essential services continue to operate.
White House Signals Federal Layoffs Have Begun Amid Government Shutdown
NegativeFinancial Markets
The White House has indicated that federal layoffs have started as a result of the ongoing government shutdown. This situation is concerning as it not only affects the livelihoods of federal employees but also has broader implications for government services and the economy. The shutdown highlights the urgent need for a budget agreement to prevent further disruptions and ensure that essential services continue to operate.
Macron reappoints Sébastien Lecornu as French prime minister
PositiveFinancial Markets
French President Emmanuel Macron has reappointed Sébastien Lecornu as Prime Minister, signaling a commitment to advance the government's agenda, particularly in finalizing the budget for 2026. This decision is significant as it reflects Macron's confidence in Lecornu's leadership during a crucial period for the country's financial planning.
Macron reappoints Sébastien Lecornu as French prime minister
PositiveFinancial Markets
French President Emmanuel Macron has reappointed Sébastien Lecornu as Prime Minister, signaling a commitment to advance the government's agenda, particularly in finalizing the budget for 2026. This decision is significant as it reflects Macron's confidence in Lecornu's leadership during a crucial period for the country's financial planning.
Explainer-Why French PM faces immediate budget challenge
NeutralFinancial Markets
The French Prime Minister is currently facing a significant budget challenge as the government prepares for upcoming financial decisions. This situation is crucial as it could impact the country's economic stability and public services. The Prime Minister's ability to navigate this challenge will be closely watched, as it may influence future policies and the government's overall approval ratings.
Explainer-Why French PM faces immediate budget challenge
NeutralFinancial Markets
The French Prime Minister is currently facing a significant budget challenge as the government prepares for upcoming financial decisions. This situation is crucial as it could impact the country's economic stability and public services. The Prime Minister's ability to navigate this challenge will be closely watched, as it may influence future policies and the government's overall approval ratings.
Trump administration starts firing workers laid off in government shutdown
NegativeFinancial Markets
The Trump administration has begun the process of firing workers who were laid off due to the ongoing government shutdown, intensifying the conflict between Democratic and Republican lawmakers over funding. This situation is significant as it not only affects thousands of employees but also highlights the deepening divide in Congress, making it clear that the stakes are high in the battle for government funding.
Trump administration starts firing workers laid off in government shutdown
NegativeFinancial Markets
The Trump administration has begun the process of firing workers who were laid off due to the ongoing government shutdown, intensifying the conflict between Democratic and Republican lawmakers over funding. This situation is significant as it not only affects thousands of employees but also highlights the deepening divide in Congress, making it clear that the stakes are high in the battle for government funding.
Wall Street regulator eases IPO path during government shutdown
PositiveFinancial Markets
In a significant move, the Wall Street regulator has streamlined the process for initial public offerings (IPOs) amid the ongoing government shutdown. This decision is crucial as it allows companies to access capital markets more easily during uncertain times, potentially boosting economic activity and investor confidence. By easing the IPO path, the regulator aims to support businesses looking to go public, which can lead to job creation and innovation.
Wall Street regulator eases IPO path during government shutdown
PositiveFinancial Markets
In a significant move, the Wall Street regulator has streamlined the process for initial public offerings (IPOs) amid the ongoing government shutdown. This decision is crucial as it allows companies to access capital markets more easily during uncertain times, potentially boosting economic activity and investor confidence. By easing the IPO path, the regulator aims to support businesses looking to go public, which can lead to job creation and innovation.
Federal worker reductions begin as shutdown enters 10th day
NegativeFinancial Markets
As the government shutdown stretches into its 10th day, federal worker reductions have begun, impacting thousands of employees and their families. This situation not only affects the livelihoods of those workers but also has broader implications for the economy and public services. With Congress still at an impasse, the uncertainty continues to grow, raising concerns about the long-term effects of the shutdown on government operations and the economy as a whole.
Federal worker reductions begin as shutdown enters 10th day
NegativeFinancial Markets
As the government shutdown stretches into its 10th day, federal worker reductions have begun, impacting thousands of employees and their families. This situation not only affects the livelihoods of those workers but also has broader implications for the economy and public services. With Congress still at an impasse, the uncertainty continues to grow, raising concerns about the long-term effects of the shutdown on government operations and the economy as a whole.
Latest from Financial Markets
White House Signals Federal Layoffs Have Begun Amid Government Shutdown
NegativeFinancial Markets
The White House has indicated that federal layoffs have started as a result of the ongoing government shutdown. This situation is concerning as it not only affects the livelihoods of federal employees but also has broader implications for government services and the economy. The shutdown highlights the urgent need for a budget agreement to prevent further disruptions and ensure that essential services continue to operate.
Can I Take Batteries on a Plane? What to Know Before You Fly.
NeutralFinancial Markets
Traveling with batteries can be tricky, especially with the recent changes in regulations. This article breaks down what you need to know about taking items like power banks and cordless hair dryers on a plane. Understanding these rules is crucial for a smooth travel experience, ensuring you don’t face any surprises at security checkpoints.
White House lays off thousands of US government workers, blaming shutdown
NegativeFinancial Markets
The White House has announced significant layoffs affecting thousands of US government workers, attributing the decision to the ongoing government shutdown. This move raises concerns about the impact on public services and the livelihoods of those affected. As the shutdown continues, the implications for federal operations and employee morale are becoming increasingly serious, highlighting the urgent need for a resolution.
First Brands boss weighs resigning under pressure from lenders
NegativeFinancial Markets
The CEO of First Brands is contemplating resignation due to mounting pressure from lenders, following the company's swift decline. This situation has sparked worries about potential widespread financial losses on Wall Street, highlighting the interconnectedness of corporate health and market stability. Investors are closely watching how this unfolds, as it could signal broader economic implications.
Gloria Trevi​ Unfiltered Docuseries​ ​’Sin Filtro​' Premieres On ViX
PositiveFinancial Markets
Gloria Trevi, the iconic 'Queen of Mexican Pop,' has premiered her docuseries 'Sin Filtro' on ViX, offering fans a rare glimpse into her life during the 'Mi Soundtrack' world tour. This series is significant as it not only showcases her musical journey but also reveals the personal experiences that shape her artistry, making it a must-watch for fans and newcomers alike.
US threatens visa restrictions, sanctions against UN members that back IMO emissions plan
NegativeFinancial Markets
The United States has issued a stern warning about potential visa restrictions and sanctions against United Nations members who support the International Maritime Organization's emissions plan. This move highlights the U.S. government's commitment to addressing climate change, but it also raises concerns about international cooperation and the potential backlash from countries that may feel pressured. The implications of this stance could affect diplomatic relations and global efforts to combat environmental issues.