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VAT Cut Won't Fix Fuel Poverty | Leeds News
Starting October 1st, a five percent VAT cut on household electricity bills kicks in—lasting until April—but activists warn it’s a drop in the ocean for millions still battling fuel poverty. While homes with heat pumps or electric cars may see bigger savings, rising energy prices could erase those gains fast. Ofgem’s new definition of a “typical” household in October could confuse consumers and hide true savings. Families are still spending too much on energy, saddled with massive debts from brutal winters, demanding targeted aid like heating discounts and cold-weather support. The real fix?…
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