In his first
major move as British Prime Minister, Andy Burnham announced a tax cut on
residential electricity bills on Tuesday to combat the country’s cost-of-living
crisis and address public frustration over government inaction.
On his second
day in office, the 56-year-old former Greater Manchester mayor declared that
the government will eliminate the Value-Added Tax (VAT) from domestic
electricity bills beginning 1 October.
The policy
will reduce the average annual household bill of...