Will Chancellor's NIC Increase Go Ahead?
BOOKMAKERS William Hill have opened a market on the Chancellor's controversial National Insurance increase for the self-employed – and are offering odds of 6/4 (40% chance of happening) that the new NIC rise WILL be implemented before the end of 2018 – and 1/ 2 that it will NOT be.
'The adverse reaction to this issue appears to have taken Mr Hammond and Mrs May by surprise and there is speculation that it could be delayed and/or scrapped' said Hill's spokesman Graham Sharpe.
However, Hills do not believe that Philip Hammond's future in the role is under threat and offer odds of 1/6 that he will still be Chancellor when the next General Election takes place, 7/2 that he wil not be.
WILLIAM HILL: 6/4 The new NIC rise is implemented before the end of 2018; 1/ 2 It will not be.
Further information.......Graham Sharpe....Media Relations Director.....0208 918 3731