Burnham cuts VAT on household electricity bills; UK borrows less than expected in June – business live
<p>Rolling coverage of the latest economic and financial news</p><p>The removal of VAT from electricity bills is positive but it does not address the scale of the problem that British households are facing, campaigners at the <strong>End Fuel Poverty Coalition </strong>have said.</p><p><strong>Simon Francis</strong>, coordinator of the group, said:</p><p>Removing VAT from electricity bills is a positive statement of intent by the new administration. But it does not address the scale of what hous
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