What are employer national insurance contributions and what would raising them do?

Rachel Reeves has hinted she plans to put up the tax in the budget but some businesses have voiced concerns

The chancellor, Rachel Reeves, has dropped heavy hints that she plans to increase employer national insurance contributions (NICs) in her budget at the end of the month, and on Tuesday Keir Starmer twice refused to rule this out. But what exactly is the tax and would increasing it break the Labour party’s election manifesto promises?

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