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Topic: uk

Government Offices Great George Street in Westminster, which houses HM Treasury
Economy
Tuesday, 7/21, 07:14 AM

Burnham's first move: cut VAT on electricity, as June borrowing comes in lower

  • The new UK prime minister's opening cost-of-living measure is to cut VAT on household electricity from 5% to 0% from October, worth about £45 a year per household and £850m to the exchequer.
  • It landed the same morning June borrowing came in below forecast, though the fuller fiscal picture is more mixed than either headline.
Exhaust emissions from a car tailpipe
Economy 40 d

UK Court Largely Clears Five Carmakers in Landmark Diesel Emissions Ruling

  • In the first ruling of Britain's largest-ever consumer lawsuit, the High Court broadly cleared five carmakers of using illegal emissions-cheating software in their diesel vehicles, though it found one Citroen model did contain a prohibited device.
  • The judgment sets a narrow legal test that will shape claims by around 1.6 million UK drivers and many more behind them.

In brief

In brief

In brief

uk — news and stories on this topic

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