
New UK govt tackles cost of living with energy tax cut
– ‘Fiscal control’ – Official data Tuesday showed UK government borrowing dropped more than expected in June, handing a boost to new finance minister John Healey, who has replaced Rachel Reeves.
Britain’s new Prime Minister Andy Burnham on Tuesday kickstarted his programme to ease the cost of living for millions of Britons by planning to remove tax on household electricity bills.
The government said the tax cut would be funded by cancelling previous prime minister Keir Starmer’s plan for a digital ID scheme that would have cost the taxpayer £1.
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