Burnham’s Money-Saving Start: VAT Cut on Electricity and a Reworked Tax Plan
New PM Andy Burnham pledges to ease the cost of living by cutting VAT on domestic electricity bills from 5% to 0% (roughly £45 a year in savings) and by reviewing the tax-free personal allowance, with John Healey as chancellor to fund the measures; he also signals social tariffs and housing/transport support, while energy bills remain linked to wholesale gas costs.