'Great British Summer Savings' has seen a temporary VAT cut introduced to help families with the cost of living this summer

Rachel Reeves’ scheme will offer free bus travel for children aged between five and 15 in England during the school holidays

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The tax cut on children’s meals and days out begins on Thursday and runs until September 1.

Certain activities will have a reduced tax cost, with savings due to be passed onto customers

'Great British Summer Savings' has seen a temporary VAT cut introduced to help families with the cost of living this summer

Several big-name businesses have confirmed that they are participating in the scheme