July 21, 2026 4:34 PM
Burnham targets lower energy bills in first move as UK prime minister
British Prime Minister Andy Burnham said on Tuesday he would cut taxes on electricity bills, the first of several early moves to signal his intent to ease a cost-of-living crisis and quell anger over successive governments' failure to bring change. In his second day in his new job, Burnham said his government would remove the value-added tax from domestic electricity bills from October 1, cutting around £45 from the average annual bill of around £1,862 that households pay. With bond investor...
