Burnham Cuts VAT from Electricity Bills Saving Households £45 Yearly

On his second day as Prime Minister, Burnham announced a cut in VAT on electricity bills, projected to save a typical household about £45 a year. Additionally, a £2 cap on bus fares will be funded by reprioritizing government expenditures. Burnham also revealed a 20% reduction in business rates for pubs and small live music venues. These measures could help alleviate the cost of living pressures, making them significant for residents and local businesses in the South as they navigate economic challenges.