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Healey corrects Treasury colleague as he confirms employers are ‘working people’

John Healey has distanced himself from remarks made by his colleague, the Treasury minister Emma Reynolds, as he confirmed employers did count as working people. Over the weekend, Reynolds told broadcasters that she did not believe employers counted as “working people” under the Labour manifesto’s definition as “they are companies”. She added that there was [...]

Healey corrects Treasury colleague as he confirms employers are ‘working people’

Chancellor John Healey clarified that employers were considered "working people" during a parliamentary appearance, distancing himself from his Treasury colleague Emma Reynolds' earlier remarks. Reynolds had argued that employers, being companies, did not fit the Labour manifesto's definition of "working people." Healey defended his recent "Breathing Space Budget" and the policies aimed at restoring confidence in the country.

He also reaffirmed his commitment to preventing further tax increases on dividends while rejecting broad-based tax hikes. The Chancellor's comments contrast with the debate over the definition of "working people" during Rachel Reeves' first fiscal statement. Healey's predecessor had previously raised employers' national insurance contributions, a tax on workers' earnings, by £25 billion, despite the Labour manifesto's promise not to increase taxes on working people.

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