(Reuters) <\/p>\n\n\n\n
LONDON, July 21- British Prime Minister\u00a0Andy Burnham<\/a>\u00a0said on Tuesday he would cut taxes on electricity bills, the first of several early moves to signal his \u200bintent to ease a cost-of-living crisis and quell anger over successive governments’ failure to bring change.<\/p>\n\n\n\n In his second day in his new job, Burnham said \u200chis government would remove the value-added tax<\/a> from domestic electricity bills from October 1, cutting around \u00a345 from the average annual bill of around \u00a31,862 that households pay.<\/p>\n\n\n\n With bond investors watching closely<\/a> for how any fiscal support would be paid for<\/a>, he said the move would be funded by savings from the cancellation of a \u00a31.8 billion ($2.42 billion) digital ID programme<\/a>, announced on Sunday.<\/p>\n\n\n\n “We’re taking immediate action to cut taxes on energy bills, put more money \u200bin people’s pockets and bring back hope,” he said in a statement, having pledged to give people more “breathing space” in their lives.<\/p>\n","protected":false},"excerpt":{"rendered":" (Reuters) LONDON, July 21- British Prime Minister\u00a0Andy Burnham\u00a0said on Tuesday he would cut taxes on electricity bills, the first of several early moves to signal his \u200bintent to ease a cost-of-living crisis and quell anger over successive governments’ failure to bring change. In his second day in his new job, Burnham said \u200chis government would remove the value-added tax from domestic electricity bills from October 1, cutting around \u00a345 from the average annual bill of around \u00a31,862 that households pay. With bond investors watching closely for how any fiscal support would be paid for, he said the move would be funded by savings from the… <\/p>\n","protected":false},"author":1,"featured_media":59690,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-59686","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-in-english"],"_links":{"self":[{"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=\/wp\/v2\/posts\/59686","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=59686"}],"version-history":[{"count":1,"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=\/wp\/v2\/posts\/59686\/revisions"}],"predecessor-version":[{"id":59688,"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=\/wp\/v2\/posts\/59686\/revisions\/59688"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=\/wp\/v2\/media\/59690"}],"wp:attachment":[{"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=59686"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=59686"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=59686"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}