Hunt set to cut national insurance by two percentage points at budget

Jeremy Hunt is set to cut national insurance by a further two percentage points in the budget tomorrow, Sky News understands.

This cut follows a similar reduction in the levy announced at last year's autumn statement, and comes as the Conservative government looks to set the fiscal stage for the election set to take place in the next 12 months.

Politics latest: Election is just two months away, Labour predicts

Cutting national insurance is cheaper than changing income tax, as fewer people pay it.

But it also means that those who don't pay NI won't see a benefit, including the key Conservative demographic of pensioners.

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