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VAT Cut on Energy Bills Starts October | Leeds News
Description
Prime Minister Andy Burnham’s big move: VAT on electricity bills vanishes October 1st, slashing £45 off annual energy costs — funded by scrapping the costly digital ID scheme. Tied to the new price cap, this relief hits just as colder months loom, offering families real cashback. Meanwhile, John Healey steps into the Chancellor’s role, tasked with funding a £300 billion military boost to 3% of GDP by 2030 — pledging to rebuild the economy and champion working people.
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