Burnham cuts VAT on electricity bills in first major policy announcement – UK politics live

Move is expected to save households around £45 a year in effort to tackle cost of living Burnham to cut VAT on electricity bills in first cost-of-living move The newly appointed business secretary, Jonathan Reynolds, has defended the policy, declaring the cut to VAT on electricity bills “a statement of priorities”. Responding to Darren Jones’s claim that the cut remained unfunded, Reynolds told Radio 4’s Today programme: They are part of the government’s pressure, it is a legitimate decision to