1 Day
Source:
The Guardian
No additional energy subsidy before price cap rise
The UK government has temporarily removed VAT from domestic electricity bills, saving households about £45 annually, amid rising energy costs. Gas and electricity prices are set to increase by 4% in October, with further support unlikely before then, though targeted measures may be considered if energy prices rise further in January. Officials and think tanks are discussing additional assistance for low-income households, while some political figures advocate for funding through increased taxes on banks and fossil fuel exploration.
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