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Catch the latest Financial News EventsAndy Burnham to cut VAT on electricity bills as first cost-of-living move
Newly appointed chancellor John Healey said move would be funded from cancelling digital ID programmeElectricity bills will be reduced by an average of £45 from October, after Andy Burnham announced the government would remove VAT from them.The new prime minister said...
UK military ‘eyes innovative electric flying taxi’ as 2029 launch planned
Vertical Aerospace says government has given £10m backing, taking its total investment in the project to £48mBritish flying taxi startup Vertical Aerospace has said the UK government has expressed interest in buying a military variant of its aircraft as it races to...
UK military ‘eyes innovative electric flying taxi’ as 2029 launch planned
Vertical Aerospace says government has given £10m backing, taking its total investment in the project to £48mBritish flying taxi startup Vertical Aerospace has said the UK government has expressed interest in buying a military variant of its aircraft as it races to...
Burnham announces plans to cut VAT on electricity bills as first cost-of-living move
The newly appointed chancellor John Healey said the cut would be funded this year from cancelling the Digital ID programmeAndy Burnham has announced a fresh tax cut to remove VAT from domestic electricity bills from 1 October, a move that will funded from cancelling...