Cut £175 from energy bills for low-income homes, says thinktank

Resolution Foundation proposes £2bn emergency scheme to help people facing higher costs this winter Labour should draw up an emergency plan to cut energy prices for low-income families by up to £175 this winter, the Resolution Foundation has said. One of Andy Burnham’s first policy announcements as prime minister was to remove VAT temporarily from electricity bills, saving households about £45 a year. Continue reading...

By Heather Stewart Economics editor