New UK prime minister to cut VAT from electricity bills

Published 14:48 on July 21, 2026 / Last updated at 15:15 on July 21, 2026 / / EMEA (Europe), Net Zero Transition (Industrial Decarbonisation, Power/Electrification, Transport & Heating Fuels)

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The new British prime minister, Andy Burnham, will cut the UK's value-added tax (VAT) from electricity bills from October, saving households an average £45 a year, he said Tuesday.
The new British prime minister, Andy Burnham, will cut the UK's value-added tax (VAT) from electricity bills from October, saving households an average £45 a year, he said Tuesday.


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