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Electricity VAT Cut Hits Bills | Leeds News
Published 2 weeks, 6 days ago
Description
Big relief for UK households: new PM Andy Burnham slashes VAT on electricity starting October 1, cutting annual bills by £45 — on top of a previous £15 drop. Funded by scrapping the £1.8 billion Digital ID program, the move aims to ease winter energy costs and combat inflation, with the Chancellor urging suppliers to pass savings directly to customers.
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