Burnham cuts VAT on household electricity bills; UK borrows less than expected in June – business live

Rolling coverage of the latest economic and financial newsThe removal of VAT from electricity bills is positive but it does not address the scale of the problem that British households are facing, campaigners at the End Fuel Poverty Coalition have said.Simon Francis, coordinator of the group, said:Removing VAT from electricity bills is a positive statement of intent by the new administration. But it does not address…