A Treasury minister discussed significant upcoming tax changes, including National Insurance and inheritance tax, during a House of Lords committee meeting.
James Murray, the Chief Secretary to the Treasury, addressed a House of Lords committee regarding significant tax policy changes related to National Insurance and inheritance tax. The Economic Affairs Committee focused on Labour's fiscal policies and how they aim to achieve economic stability amid criticisms of recent budget announcements. The discussion raised concerns about the timing and management of information surrounding the Autumn Budget 2025.