national insurance

British  

noun

1. (in Britain) state insurance based on weekly contributions from employees and employers and providing payments to the unemployed, the sick, the retired, etc, as well as medical services See also social security

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Example Sentences

He said the industry was already under significant pressure following the chancellor's first Budget last October, which pushed up hiring costs with a hike in employer national insurance contributions and the minimum wage.

From BBC

Meanwhile the amount that people can sacrifice from their salary to avoid paying national insurance in pension contributions will be capped at £2,000 a year from 2029.

From BBC

The benefit to both employer and employee is that they make savings in national insurance.

From BBC

Just what is an “AI use”, and what is “AI”, in the first place, remain subject to interpretation, said a May 2025 note by lawyers at the national insurance litigation firm Hunton Andrews Kurth.

From Barron's

All this coupled with a "cost-of-business crisis" - caused by recent rises in the minimum wage and in employers' national insurance contributions, among other things - could shake out the weaker players, thinks Ms Shuttleworth.

From BBC