The effect of accelerating inflation will be compounded for most heritage workers this year by changes to tax and National Insurance rates and, for some, policies on Universal Credit and other benefits: Additional employee National Insurance Contributions of 1.25% equate to more than £200 a year for those on median full-time salaries, and around £100 a year for those on around £20,000 a year Those receiving Tax Credits or Universal Credit will see a fall in the real terms value of their entitlement (against CPI) of 4.2 per cent or more, as a result of the Government’s decision to uprate benefits by just 3.1 per cent. For the average household in receipt...