Rishi Sunak in major tax U-turn as he announces plan to scrap VAT on energy bills
Sky News says Rishi Sunak has announced a plan to scrap VAT on energy bills – a significant U-turn on his previous pledge not to make any immediate tax cuts.
The former chancellor said that if he becomes prime minister he would implement the temporary measure to save the average household £160.
It marks a significant change of direction after he repeatedly said he wants to hold off on tax cuts until inflation is under control.
