Burnham cuts VAT on household electricity bills; UK borrows less than expected in June – business live
But it does not address the scale of what households are facing, with millions still left paying an unaffordable share of their income on energy and record levels of energy debt built up over successive winters of high bills. The prime minister’s next move must be to go even further on bringing down the cost of energy and bringing in increased levels of targeted support for those who need it most: an enhanced warm home discount, reformed cold weather payments and an energy debt relief scheme. The only way to bring bills down for good is to change how they are set.
- ▪But it does not address the scale of what households are facing, with millions still left paying an unaffordable share of their income on energy and record levels of energy debt built up over successive winters of high bills.
- ▪The prime minister’s next move must be to go even further on bringing down the cost of energy and bringing in increased levels of targeted support for those who need it most: an enhanced warm home discount, reformed cold weather payments an
- ▪The only way to bring bills down for good is to change how they are set.
4 outlets in our directory ran this story. Coverage spans 2 points on the political spectrum — 1 lean left, 2 centre.
- ▪ VAT to be cut from household electricity bills in October — BBC News — Business
- ▪ Will Burnham's cut to electricity VAT help households? — BBC News — Politics
- ▪ Andy Burnham latest: New PM cuts VAT on electricity bills in first major policy announcement — The Independent
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| Original publisher | The Guardian — US |
| Canonical URL | https://www.theguardian.com/global/live/2026/jul/21/burnham-cuts-vat-electricity-bills-uk-borrowing-debt-economy-news-latest |
| Publication time | Tue, 21 Jul 2026 06:34:54 GMT |
| Retrieval time | 2026-07-21T06:47:03.961Z |
| Last seen | 2026-07-21T06:47:03.961Z |
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Opening excerpt (first ~120 words) tap to expand
2m ago02.44 EDTCutting VAT from electricity bills is positive but 'not a cure', energy campaigner saysThe removal of VAT from electricity bills is positive but it does not address the scale of the problem that British households are facing, campaigners at the End Fuel Poverty Coalition have said.Simon Francis, coordinator of the group, said: double quotation markRemoving VAT from electricity bills is a positive statement of intent by the new administration. But it does not address the scale of what households are facing, with millions still left paying an unaffordable share of their income on energy and record levels of energy debt built up over successive winters of high bills.
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