UK: British Chancellor of the Exchequer Rishi Sunak statement at the press conference on health and the future of social

The video discusses the introduction of a new UK-wide health and social care levy to fund vital spending. Starting next April, businesses, employees, and the self-employed will pay an extra 1.25% on earnings, with all funds legally ringfenced for health and social care. The levy is designed to be fair and transparent, with adjustments to dividend tax rates and inclusion of those over 66 from 2023. The government acknowledges the difficulty of raising taxes but emphasizes the necessity due to extraordinary circumstances and the commitment to maintaining the NHS as free at the point of use.

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