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VAT Cut Falls Short on Energy Bills | Leeds News
Prime Minister Andy Burnham’s government is slashing the 5% VAT on electricity bills to ease household strain ahead of winter, offering a potential £45 annual saving—but experts warn it’s a stopgap measure. With energy prices still rising, many families will pay more than they did this time last year, and the relief only lasts six months. Critics, including UK Debt Expert, argue the move doesn’t tackle the root causes of soaring energy costs or mounting fuel poverty. While the government frames it as a symbolic gesture of support, many believe lasting change requires overhauling how energy…
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