Andy Burnham’s promise to cut VAT from electricity bills came alongside the news that government borrowing in June amounted to £16 billion - nearly bang on target.

Burnham's "bold ambition" is his promise to remake Britain's economy, which is constrained by weak growth, high debt and political turmoil.

Andy Burnham sent borrowing costs soaring on Monday as he vowed to exploit 'any flexibility' in the fiscal rules before naming John Healey Chancellor of the Exchequer.

Andy Burnham has been making some big spending promises but the financial markets remain on alert for any signs of how much more he will borrow.

Andy Burnham has unveiled a sweetener of 5 per cent off electricity bills from this October, insisting it can give families 'breathing room'.

Millions of households across the UK will benefit from immediate action to help with their electricity bills this winter, the Prime Minister has announced as one of his first…

The new prime minister promised to provide ’breathing space’ for households struggling with the cost of living

The UK's new leader moved to remove VAT from electricity bills from October 1. The move comes before Burnham chairs his first cabinet meeting later today.

Andy Burnham begins his premiership by unveiling plans to ease living costs. He aims to improve public finances and end political uncertainty. Measures may include capping bus…

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Newly appointed chancellor John Healey says cut will be funded this year from cancelling a digital ID programme

Chancellor John Healey said the cut to Britons electricity bills to be funded by cancelling Keir Starmer’s controversial Digital ID programme

Andy Burnham promised to deliver 'breathing space' for families during his maiden speech outside No 10, and has already helped millions of families in the UK by abolishing VAT on…

Newly appointed chancellor John Healey said move would be funded from cancelling digital ID programme

British Prime Minister Andy Burnham said on Tuesday he would cut taxes on electricity bills in his first attempt to ease a lengthy cost-of-living crisis that has angered the…

First major move by new PM aimed at giving families ‘breathing space’

Britain's new Prime Minister Andy Burnham has kickstarted his programme to ease the cost of living for millions of Britons by planning to remove tax on household electricity bills.

Move is expected to save households around £45 a year in effort to tackle cost of living

LONDON: British Prime Minister Andy Burnham said on Tuesday (Jul 21) he would cut taxes on electricity bills in his first attempt to ease a lengthy cost-of-living crisis that has…

Britain's new Prime Minister Andy Burnham kickstarted his programme to ease the cost of living for millions of Britons by planning to remove tax on household electricity bills.…

Burnham is attempting to act quickly to deliver on promises to tackle the UK's cost-of-living crisis.