VAT cut on the table as government looks to ease inflation amid cost of living crisis

Downing Street officials are planning to cut VAT in order to help struggling households as the cost of living crisis deepens.

Steve Barclay, Boris Johnson ’s Chief of Staff, apparently suggested the temporary measure in a bid to ease inflation, which stands at a 40-year high of 9.1%.

Mr Johnson has repeatedly promised to offer more support to Britons, and vowed to cut tax.