Tory leadership hopeful Rishi Sunak has unveiled plans to scrap VAT on domestic energy bills in a massive U-turn.
The former Chancellor said the measure would save the average household around £160 in the next year, in a major climbdown from his opposition to tax cuts.
Mr Sunak, who polls suggest is trailing rival Liz Truss among Tory members, described it as a "targeted, temporary and timely tax cut".
