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  1. National

Analysis: Self-employed will pay more National Insurance

Simon Wagman is a partner at Blick Rothenberg, an accounting, tax, and advisory practice.

The Chancellor has said he will "reduce the gap" between people who are self-employed and those who are employed.

National Insurance contributions for the self-employed will increase from 1% to 10% in 2018, and a further 1% in 2019.


  1. National

Osborne tells Hammond to 'enjoy it' ahead of Budget

Former chancellor George Osborne sent his successor a message of support on the day of his first Budget.

In a tweet to Philip Hammond, he wrote: "Good luck Philip with the first of what I hope will be many successful budgets.

"Standing there with that red box is quite a moment. Enjoy it!"


  1. National

Funds to tackle domestic violence and help mothers

Theresa May wants to put money into tackling domestic violence victiand helping mothers get back Credit: PA

Domestic violence organisations will receive a £20 million boost under plans to be set out in Philip Hammond's first Budget.

Theresa May, who is working to oversee a new Domestic Violence and Abuse Act, said the issue was a "key priority" for government and of "personal importance" as she announced the funding.

The Prime Minister also revealed a new £5 million fund to help mothers return to work after a long career break.

Mrs May told parenting website Mumsnet: "Our work in government has the potential to completely transform the way we think about and tackle domestic violence and abuse.

Speaking of return to work schemes being extended, she added: "More often than not, it is women who give up their careers to devote themselves to motherhood, only to find the route back into employment closed off, the doors shut to them."

  1. National

McDonnell calls for 'break from the past' in Budget

Shadow chancellor John McDonnell. Credit: PA

Shadow chancellor John McDonnell has called on Philip Hammond to make his first Budget "a break from the past, and not a continuation of the same failed economic policies of the last seven years".

The Labour MP urged the Chancellor to increase spending on the NHS and social care and rule out a move to World Trade Organisation tariffs after Brexit.

With the Budget taking place on International Women's Day, Mr McDonnell highlighted research suggesting that 86% of the burden of the Government's austerity cuts has fallen on women.

"Philip Hammond needs to ensure that his first Budget breaks with this terrible statistic, and works for women, not one that makes them bear the brunt of Tory tax giveaways for a wealthy few," said Mr McDonnell.

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