Money-saving expert Martin Lewis has slammed to the Chancellor's spring budget, stating it's not enough to deal with the energy cost crisis plaguing the country. Mr Sunak announced today that VAT on household energy-efficient measures will be scrapped.
It means that energy-saving devices such as solar panels will no longer require an added tax cost. This could cut the cost of solar panels by around £1,000. At this time, Northern Ireland will not receive this change, but Mr Sunak noted the region will get equivalent funding.
But Mr Lewis has criticised the announcement, stating it won't have any effective impact on the many households in the UK who will see sharp rises in the cost of their energy bills. It comes amid expectations that people will see an average rise of £1,300 on energy cost by October.
