The Times is reporting that the Chancellor is considering axing the 5% VAT on energy bills.
A spokesperson for the End Fuel Poverty Coalition, commented:
“We’ve long argued that energy for households should be a zero-VAT-rated essential good.
“This would be a hugely positive move by the Chancellor that could bring real relief to households facing a fifth winter of high energy bills. But it must also come alongside stronger, structural measures to reform electricity pricing, provide support for vulnerable households, ensure energy efficiency upgrades and investment in energy security.”