Hamish McRae

Hamish McRae is an economics commentator, and a columnist for the i newspaper.

Working people will pay for Reeves’s NI hike

Who would pay for Rachel Reeves’s increase in employers’ National Insurance contributions? Well yes, in the first instance it is the companies that would have to hand over the cash, but the real burden would be much more widely shared. To see why, start with the simple question: what does a company do if it