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Evening Standard
Evening Standard
Business
Josie Clarke

Energy VAT cut ‘does not address scale of what households are facing’

The move will cut around £45 off annual bills, according to analysis (PA) - (PA Wire)

Removing VAT from electricity bills from October is a “positive statement of intent” but “does not address the scale of what households are facing”, experts have said.

Prime Minister Andy Burnham’s announcement that electricity bills will be VAT free from October 1 will cut £45 off a typical home’s annual bill based on Ofgem’s current price cap.

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