Unpopular plans to raise national insurance scrapped by Chancellor Philip Hammond

Chancellor Philip Hammond on a visit to Portsmouth
Chancellor Philip Hammond on a visit to Portsmouth
From left, Charlotte Tipping from World Vision HQ, organiser of the lunch Sue Tinney, chef Sam Kemp, Alan Mak MP and Amy Johnson from the World Vision Advocacy Team 

Picture:  Malcolm Wells (170922-2862)

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Chancellor Philip Hammond has scrapped plans to increase national insurance contribution for the self-employed.

The move was announced in last week’s budget but it attracted criticism as there were concerns it would harm entrepreneurs.

Mr Hammond said in a letter to Conservative MPs that he had decided to drop the changes ‘in the light of the debate of the last few days.’

He is due to give a statement to MPs today confirming the changes, which were due to come in April next year, will not be brought in.