Andy Burnham is making a raft of announcements this week to help households with the cost of living – but senior economists have warned this will come with a hefty price tag.
The new Prime Minister announced his first measure on Tuesday – cutting VAT on household electricity from 5 per cent to 0 per cent from 1 October.
More is on the way, with Burnham already providing some clues about what cost of living support he is planning and where he may get the money from.
Shorts
But he is already facing speculation over whether he will hike some taxes in his first Budget after hinting he will be “asking for a little bit more” from some people.
