Jeremy Hunt snaps at Rachel Reeves over National Insurance

Rachel Reeves may have been getting attention for her accusation that the government is ‘gaslighting’ the public over the state of the economy, but this afternoon she ended up being accused of spreading fake news. The ‘gaslighting’ line came from a speech in the City of London this morning, after which Reeves then popped up at Treasury questions in the House of Commons. She asked a question that both she and Labour leader Keir Starmer have been repeating for weeks now, about the Conservatives’ ambition to abolish national insurance. Labour has badged this as a £46 billion unfunded plan, though, as ever, it is worth pointing out that this is not active policy, but something both Rishi Sunak and Jeremy Hunt have said they want to do in the long-term. 

Reeves asked whether Hunt accepted the analysis that income tax would go up by 8p on the pound if he did abolish National Insurance.