During his second day in office on Tuesday (July 21), British Prime Minister Andy Burnham convened a cabinet meeting, telling his top ministers that they needed to be a "cost-of-living government."
To signal his intent to ease the ongoing crisis, Burnham discussed a policy to remove the value-added tax from domestic electricity bills starting October 1. This move is projected to cut roughly £45 from the average annual household bill of £1,862.
During the session, Burnham also stressed that strict fiscal discipline would serve as a touchstone for the new government, a message reinforced by Finance Minister John Healey.
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