British Gas, EDF, EON, Ovo, Octopus Bills Could Be Cut by £200 Under Rachel Reeves Thursday, November 13, 2025 energy bills vat greenlevies rachelreeves labour budget electricity savings ukenergy Energy bills in the UK could be reduced by as much as £200 annually under Budget proposals being prepared by Labour Party Chancellor Rachel Reeves. Central to these plans are measures such as cutting the 5% VAT on gas and … Read More