PM Burnham cuts VAT on household electricity bills amid better UK borrowing
Prime Minister Andy Burnham cut VAT on household electricity bills as the UK borrowed less than expected in June, according to economic data released today. TUC General Secretary Paul Nowak called the move "the right thing" for cost-of-living relief but urged the government to raise £60 billion through bank taxes to support households further.
How does this story land?
Summary by OZbrief Editorial · The Guardian Australia – Business · Source
Take it further — get the full app and never miss a moment of what's happening in Australia.
This publisher's site can't be shown here due to their security settings.
Open full article →No source link available for this article.
Published 21 Jul 2026, 06:48 UTC · Updated 21 Jul 2026, 07:01 UTC
Summary by OZbrief Editorial. Original report: The Guardian Australia – Business. Editorial policy · Corrections
Trending
- Perth traffic: Peak-hour chaos as police incident shuts Albany Highway
- Breaking: Terence Donovan dies aged 90
- ‘Everyone's afraid to die’: Struggle to recruit soldiers in Ukraine turns violent
- Concerns for lost health services under sale to Calvary
- Salvation Army worker's medication error leads to resident's death
- Wallabies player ratings: How the men in gold performed