From 1 October, VAT will be abolished on household electricity bills, resulting in savings of approximately £45 per year for the average consumer. This measure accompanies Ofgem’s decision to raise the energy price cap by …
Prime Minister Andy Burnham has announced that his government will reduce the VAT on domestic electricity bills from 20% to 5%, effective from 1 October. While this move is intended to ease the financial burden on households, …
Octopus Energy has described the recent VAT reduction on electricity announced by new Prime Minister Andy Burnham as a “hugely positive” step. Greg Jackson, CEO of the energy company, welcomed the Labour leader’s move, …
The government led by Labour Party Prime Minister Andy Burnham has confirmed two significant financial measures aimed at easing the cost of travel for drivers and bus passengers. From January 2027, a new lower bus fare cap …
Andy Burnham, the newly appointed Labour Prime Minister, has confirmed a VAT cut on energy bills that is expected to save households around £3 a month. However, this measure has faced criticism for being insufficient in …