Forty-Five Pounds and a Press Conference
The new PM cut VAT on household electricity bills by £45 a year. In the same quarter, energy bills rose by £221. Britain has the second-highest electricity prices in the G7, and a pricing mechanism that ties your bill to gas — even the renewable kind you don't burn. This is the story of a gesture that looks generous until you see the spreadsheet. #UKPolitics #EnergyCrisis #CostOfLiving #EnergyPolicy #UKEconomy #Ofgem #RenewableEnergy #AndyBurnham